PRIMECAP Management's position in Intel is currently worth $1.65 Billion. That's 1.32% of their equity portfolio (19th largest holding). The investor owns 1.83% of the outstanding Intel stock. The first Intel trade was made in Q1 2013. Since then PRIMECAP Management bought shares 30 more times and sold shares on eighteen occasions. The investor's estimated purchase price is $2.63 Billion, resulting in a loss of 37%.
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Private equity firm Silver Lake Management is nearing a deal to buy a majority stake in Intel's (INTC) Altera programmable chips unit, according to a Bloombe...
Intel appears to be treading in the middle of the road on a thin wafer line and investors could be better off if they trade with caution.
Jenny Harrington, CEO Gilman Hill Asset Management, joins CNBC's "Halftime Report" to explain why she's finally getting out of Intel following the news that ...