Korea Investment Adds $17M in Intel Corporation ($INTC)
Key Points
- Korea Investment changed its Intel Corporation ($INTC) stake by 4.17% last quarter, boosting to 3,105,966 shares worth $436.92 million.
- $INTC last traded around $140.67.
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Korea Investment increased its position in Intel Corporation ($INTC) by 4.17% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,105,966 shares of Intel Corporation after buying 124,265 shares during the quarter. Korea Investment's holdings in Intel Corporation were worth $436.92 million as of its most recent filing.
Intel Corporation Stock Up 57.2%
Shares of Intel Corporation ($INTC) traded around $140.67 on Saturday, up 57.2% for the day.
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About Intel Corporation
Intel Corporation designs, develops, manufactures, markets, sells, and services computing and related end products and services in the United States, Ireland, Israel, and internationally. It operates through three segments: CCG, DCAI, and Intel Foundry. The company offers client computing group products, including client and commercial CPUs, discrete client GPUs, edge computing, and connectivity products; data center and AI products, such as server CPUs, discrete GPUs, and networking products; and semiconductors comprising wafer fabrication, substrates, and other related products and services. It also provides driving assistance and self-driving solutions; and develops and manufactures multi-beam mask writing tools. The company sells its products through sales organizations, distributors, resellers, retailers, and OEM partners. It serves original equipment manufacturers, original design manufacturers, cloud service providers, and other manufacturers and service providers. Intel Corporation has a strategic collaboration with Infosys Limited to develop a multi-layer AI fabric that unifies infrastructure, models, data, applications, and workflows into a composable and agent-ready ecosystem. The company was incorporated in 1968 and is headquartered in Santa Clara, California.
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