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NEW YORK ( TheStreet) -- Intel (Nasdaq: INTC) hit a new 52-week high Tuesday as it is currently trading at $28.85, above its previous 52-week high of $28.78 with 7.9 million shares traded as of 10:20 a.m. ET. Average volume has been 36.8 million shares over the past 30 days. Intel has a market cap of $142.12 billion and is part of the technology sector and electronics industry. Shares are up 17.1% year to date as of the close of trading on Monday. Intel Corporation designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. The company has a P/E ratio of 12, equal to the average electronics industry P/E ratio and below the S&P 500 P/E ratio of 17.7.