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INTEL CORPORATION

(INTC)
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Intel Corp. Says Corporate Controller to Resign

10/06/2021 | 04:02pm EST

By Stephen Nakrosis

Intel Corp. on Wednesday said Kevin T. McBride, vice president of finance, corporate controller, and principal accounting officer, will resign, effective October 31, to pursue another career opportunity.

Following Mr. McBride's departure, George S. Davis, chief financial officer, will serve as principal accounting officer while continuing in his current role as principal financial officer, Intel said.

Mr. Davis had been Intel's executive vice president and finance chief since April 2019, and before joining Intel was CFO at Qualcomm Inc., Intel said.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

10-06-21 1802ET

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Analyst Recommendations on INTEL CORPORATION
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Financials (USD)
Sales 2021 73 605 M - -
Net income 2021 18 471 M - -
Net Debt 2021 3 842 M - -
P/E ratio 2021 11,3x
Yield 2021 2,73%
Capitalization 207 B 207 B -
EV / Sales 2021 2,87x
EV / Sales 2022 2,93x
Nbr of Employees 110 600
Free-Float 99,7%
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Technical analysis trends INTEL CORPORATION
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 41
Last Close Price 50,99 $
Average target price 55,33 $
Spread / Average Target 8,51%
EPS Revisions
Managers and Directors
Patrick P. Gelsinger Chief Executive Officer & Director
George S. Davis Chief Financial & Accounting Officer
Omar S. Ishrak Independent Chairman
Daniel J. McKeon Vice President-Information Technology Group
Ann B. Kelleher Senior Vice President & GM-Technology Development
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