On Thursday, Shares of Intel Corporation (NASDAQ:INTC), declined -0.18% to $32.74.
In the last trading session, the stock moved on high volume, trading at a volume of 37,634,791 shares as compared to its average daily volume of 32.80M shares.
The stock, as of recent close, has shown weekly upbeat performance of 7.34% which was maintained at 10.16% in 1-month period.
Intel Corporation, in conjunction with the founders of Arduino*, declared the forthcoming release of Arduino 101 (U.S.) and Genuino 101 (outside the U.S.), an affordable learning and development board ideal for entry-level makers and education environments. Arduino 101 is the first widely available development board based on the tiny, low-power Intel® CurieTM module.
In addition to being easy to use and well-suited for foundational learning exercises, Arduino 101 can be used to prototype technology-based products that connect and compute, thanks to the powerful features of the Intel Curie module. It is priced comparably to entry-level microcontroller boards available recently and features an accelerometer, gyroscope and Bluetooth Smart* connectivity to enable the development of smart, connected devices.
The board joins the ranks of Arduino’s open-source electronics platform, which combines freely available hardware designs, an extensive ecosystem of third-party extension components, and a software programming environment that makes it easy for anyone to create interactive projects.
“Empowering budding entrepreneurs and young students has always been a precedingity for Intel, and by partnering with Arduino, we are bringing the power of Intel to a new generation of makers,” said Josh Walden, senior vice president and general manager of Intel’s New Technology Group. “With the advanced features of the Intel Curie module embodied in the Arduino 101 board, young learners in addition to developers can now bring to life truly unique, smart and connected creations.”
The Intel Curie-based board will also be the featured prototyping tool for contestants on America’s Greatest Makers, a new reality competition coming to Turner Broadcasting* television and digital platforms in 2016, and produced by United Artists Media Group* CEO Mark Burnett.
The stock closed its last trade at $32.74. The market capitalization for the company is reported at $155.93B.
Looking at other metrics of the stock, we find that the mean estimate for the short-term price target for the firm stands at $34.56. The higher price target for INTC is $40.00, while the lower price target is $24.00. In the past 52 weeks, the company shares have gain 2.63% and marked new high $37.90 on Dec 5, 2014.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
