Intel Corporation (NASDAQ:INTC) Announces Results; CEO Search in Focus - CY, MLNX, IDTI

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Intel Corporation (NASDAQ:INTC) stockholders will be on the lookout for the chip titan to provide direction on the year onward and an update on the search for a fresh CEO when it announces Q4 results following the settlement at Thursday.

How Should Investors Trade INTC Now? Don’t Miss out a Special Trend Analysis

The fourth quarter report will be Intel’s first since declaring on November 19 that CEO Paul Otellini is leaving in May. The Santa Clara, California-headquartered firm did not take the chance to update its fourth quarter outlook when it declared the leadership transition, which worried some on Wall Street.

Intel has announced three consecutive quarters of year-over-year losses in EPS. In the Q3, sales dropped for the only time in 3 years.

At the current trading session, Intel Corporation (NASDAQ:INTC) shares are up +0.30% to $21.94 while the stocks are trading within the range of $21.85 – $22.00. In the past year, the stock has traded within a range of $19.23 – $29.27. Average daily trading volume is 40.11 million shares.

For How Long INTC will Fight for Profitability? Read This Trend Analysis report

If we look at a few other stocks within industry, Cypress Semiconductor Corporation, Mellanox Technologies, Ltd. and Integrated Device Technology, Inc. are in the gainers list. Let’s have a quick look on their Market performance.

Cypress Semiconductor Corporation (NASDAQ:CY) shares are up +0.93% to $10.35 while the stock is trading within the range of $10.18 – $10.39 in the current trading session. In the last 12 months the shares have traded between $8.70 and $19.25. The average daily trading volume is 2.38 million shares.

Will CY Continue To Move Higher? Find Out Here

Mellanox Technologies, Ltd. (NASDAQ:MLNX) shares in the current session moved up +3.01% reaching $52.66. The stocks are trading in a range of $51.30 – $52.82. In the last year the stock has moved within a range of $30.00 – $120.05. The Company’s average daily trading volume is 1.44 million shares.

Why Should Investors Buy MLNX After The Recent Gain? Just Go Here and Find Out

Another rival company, Integrated Device Technology, Inc. (NASDAQ:IDTI), is trading up +1.28% to $7.53. Intraday trading recorded the stock price in a range of $7.40 to $7.55. In the previous 52 weeks the stock’s price ranged between $4.60 and $7.73. Their average daily trading volume is 1.83 million shares.

For How Long IDTI’s Gloss will Attract Investors? Find out via this report

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