Intel shares surged after the chipmaker significantly beat Wall Street expectations for first quarter earnings and revenue while raising its outlook for the second quarter. The Santa Clara, Calif.-based company reported adjusted earnings of 29 cents per share on sales of $13.58 billion, far surpassing...
Intel's stock surged approximately 10% on Thursday following a statement from President Donald Trump on Truth Social. The President announced that Intel has agreed to partner with Apple to design and build chips within the United States, marking a significant strategic shift for the semiconductor...
Intel stock surged nearly 8% on Thursday following a double upgrade from Bank of America, which elevated its rating to Buy and raised the price target to $135. Jim Cramer endorsed the move during CNBC's Morning Meeting, declaring Intel his favorite chip name and urging...
Intel reported a GAAP net loss of $11 billion for the quarter, driven entirely by accounting rules regarding trust shares held under a US government funding agreement. As Intel's stock price surged from approximately $44 to $130 during this period, the company must book unrealized...
Intel stock rose 4.5% on July 15 as its data center and AI processor business showed significant acceleration, marking a renewed confidence in the semiconductor giant after years of competitive pressure from rivals like AMD and NVIDIA. The company reported a 22% jump in Data...
This article serves as an investment opinion piece arguing that investors are fixated on Intel's recent recovery while overlooking Advanced Micro Devices (AMD) as a superior growth opportunity. The author highlights AMD's first quarter FY26 results, noting revenue of $10.253 billion which was up 37.85%...
Intel's foundry business appears to be gaining significant traction after a report from The Information indicates that Google has placed an order for Intel to manufacture over three million Tensor Processing Units (TPUs) in 2028. This deal would represent the largest external AI chip manufacturing...
Intel Corp. (INTC) reported first-quarter 2026 earnings that significantly exceeded Wall Street expectations, driving its stock price up 20% in after-hours trading and more than 80% for the year as of Thursday's close. Revenue surged 7.2% to $13.58 billion from a year ago, following five...
Intel has announced its first public stock sale since 1971, raising approximately $15 billion to fund expansion driven by surging AI compute demand. The company's shares have nearly tripled in value during 2026, creating a favorable window for capital raising without increasing debt. CEO Lip-Bu...
Bank of America Corp DE reduced its stake in Intel Corporation by 7.3% during the first quarter, selling approximately 1.84 million shares and holding a remaining position valued at roughly $1.03 billion. While Bank of America decreased its exposure, several other institutional investors increased their...
Bank of America has reaffirmed its 'Buy' rating on Intel (NASDAQ:INTC) with a price objective of $160.00, suggesting significant potential upside from recent closing levels. This follows a mixed analyst landscape where Scotiabank rates the stock as 'sector perform,' Barclays raised its target to $100.00...
Jim Cramer has declared Intel (INTC) a 'miracle stock' ahead of its fiscal Q2 earnings release scheduled for July 23rd after market close. On CNBC, the Mad Money host reiterated that INTC remains his favorite pick in the semiconductor sector, praising CEO Lip-Bu Tan for...
Intel (INTC) is set to report its second-quarter earnings after the bell on Thursday, following a significant rally in chip stocks that pushed the Philadelphia Semiconductor Index into a bear market. The company recently confirmed layoffs within its Data Center Group as part of a...
Hanseatic Management Services Inc. acquired an additional stake of 8,298 shares in Intel Corporation (INTC) during the first quarter, valued at approximately $366,000, according to its latest SEC Form 13F filing. Several other institutional investors also adjusted their positions, with Financially Speaking Inc increasing its...
Intel Corporation (INTC) shares have dropped 17% over the past month, trading at $102.99 against a Wall Street average price target of $104.39, implying minimal upside. However, HSBC analyst Frank Lee has issued an outlier bullish call, doubling his price target to $200 and including...
Intel (INTC) and Advanced Micro Devices (AMD) stocks faced significant pressure on Thursday due to a combination of sector-wide AI capacity concerns and specific company headwinds. The market is increasingly worried that the massive capital expenditure on AI hardware may not be sustainable, leading to...
Intel shares fell 10% to $110 and AMD dropped 8% to $508 in Tuesday morning trading, following a sharp reversal from Monday's gains. The declines were triggered by Samsung Electronics' record quarterly profit of $58 billion, which caused investors to question stretched valuations within the...
Intel (INTC) and AMD stocks significantly outperformed Nvidia in the first half of 2026, driven by a regime shift where enterprise AI budgets broadened beyond a single vendor. Intel's stock surged from under $40 to an institutional high of $139.63 on June 30, fueled by...
Essex Financial Services Inc. reduced its holdings in Intel Corporation by 9.4% during the first quarter, selling 4,571 shares to bring its total position down to 43,874 shares valued at $1.936 million. While Essex trimmed its stake, several other institutional investors increased their positions, including...
Intel (NASDAQ: INTC) shares have surged 427% over the past year but recently retreated more than 16% from a 52-week high due to valuation concerns and competition. A potential catalyst for renewed growth is a significant new contract where Alphabet's Google has ordered Intel's foundry...
