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...
