Monday, August 29, 2011

Intel (NASDAQ:INTC) Sets Up Expansion Plans

Intel (NASDAQ:INTC) has plans to expand in Malaysia. Intel (NASDAQ:INTC) Sets
Up Expansion Plans The largest chip maker Intel (NASDAQ:INTC) has expressed its
desire to expand its business in Malaysia, as they now see extremely attractive
business conditions for the company. The company said that it has invested more
than $4 billion in Malaysia in 40 years. Intel (NASDAQ:INTC) Malaysia's
managing director Robin Martin said, "The Malaysian Government through the
International Trade and Industry Ministry is very supportive of companies like
Intel (NASDAQ:INTC). Having a very stable political system and Government also
makes Malaysia attractive for us". Intel Corp. (NASDAQ:INTC) stocks were at
19.77 at the end of the last days trading. Theres been a -11.0% movement in the
stock price over the past 3 months. Intel Corp. (NASDAQ:INTC) Analyst Advice
Consensus Opinion: Moderate Buy Mean recommendation: 1.94 (1=Strong Buy,
5=Strong Sell) 3 Months Ago: 1.92 Zacks Rank: 1 out of 7 in the industry

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