hapabapa Intel Corporation (NASDAQ:INTC) delivered a decent earnings sheet for the first fiscal quarter that beat earnings consensus estimates, but that also showed a drop-off in revenues in the company’s core Client Computing Group. Intel unfortunately also presented a weak outlook for the second fiscal quarter, which explains Intel’s sharp drop after earnings. After Intel’s…
blackdovfx/iStock via Getty Images Semiconductor stocks have had a big run over the last several months, and this sector was due for a pullback. As shown in the chart of the VanEck Vectors Semiconductor ETF (SMH) below, we just got a big pullback. This was even a plunge in some stocks, with some top names…
ajr_images We previously covered Intel (NASDAQ:NASDAQ:INTC) in January 2024, discussing why the stock’s embedded growth premium offered a minimal margin of safety, with the underwhelming forward guidance bringing forth the sobering correction in its stock prices after the recent earnings call. While some might opt to view the management’s forward commentary as a kitchen sink…
Intel Corporation (NASDAQ:INTC) New Segment Reporting Webinar Conference April 2, 2024 4:30 PM ET Company Participants John Pitzer – Corporate Vice President of IRPat Gelsinger – CEODavid Zinsner – CFO Conference Call Participants Timothy Arcuri – UBSJoe Moore – Morgan StanleyVivek Arya – Bank of America SecuritiesAaron Rakers – Wells FargoVijay Rakesh – MizuhoSrini Pajjuri…
Leon Neal Intel (NASDAQ:INTC) shares have returned about 23% since I have upgraded the stock to “Buy”, compared to a gain of about 16% for the S&P 500 (SP500). And as INTC shares are trading very close to my previously established target price of $45.5/ share, I feel it is time for me to revisit…
Sean Gallup/Getty Images News Investment Thesis In light of recent US government grants for domestic chip production, I believe Intel (NASDAQ:INTC)’s foundry business is expected to be a key factor in their future growth and currently underappreciated. Intel’s fabrication unit is starting to capitalize on the semiconductor industry’s shift towards supply chain diversification by bringing…
JHVEPhoto Introduction With 27% of Intel Corporation’s (NASDAQ:INTC) revenue coming from China, the news of a ban on using its chips in Chinese government computers is the kind of negative development that could create significant pressure on the semiconductor giant’s stock. Intel Q4 2023 Earnings Release However, after an initial 4% dip earlier this week,…
Aleksandr Grechanyuk/iStock via Getty Images Listen below or on the go on Apple Podcasts and Spotify China said to block use of Intel (INTC), AMD chips in government computers. (00:26) Boeing (BA) union wants board seat to ‘save company from itself’ – report. (01:14) Germany cannabis legalization on schedule as bill clears final hurdle. (02:34)…
Intel Corporation (NASDAQ:INTC) Morgan Stanley Technology, Media & Telecom Conference March 6, 2024 1:15 PM ET Company Participants David Zinsner – Chief Financial Officer Conference Call Participants Joe Moore – Morgan Stanley Joe Moore Great, welcome back. I’m Joe Moore, Morgan Stanley Semiconductor Research. Very happy to have with us today the CFO of Intel,…
JHVEPhoto Investment Thesis – Q4 FY23 Update Intel is a semiconductor firm that faces multiple headwinds moving into 2024. Decreased demand for their x86-based chips has hurt Intel’s revenues and profitability significantly while a soft computing landscape has further hurt the firm’s bottom- and top-line. While their IFS business has the potential to generate massive…
troyek It is safe to say that we got the thesis wrong about Intel Corporation (NASDAQ:INTC). When you get such price action after your first (and only) “Sell” call, then you have to acknowledge that you got things wrong. 3 Things The Wall Street Cheerleaders Are Getting Wrong Even more embarrassingly, this is total return…
Leon Neal Business History and Overview Intel (NASDAQ:INTC) was once the darling stock of American equities. A unique fusion of manufacturing dominance and technological leadership, Intel had it all. They pioneered the still-dominant chip scaling idea known as “Moore’s Law” which posits that semiconductor transistor density will double every two years. With density doubling, so…
JHVEPhoto/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Intel (INTC) stumbles as weak guidance overshadows Q4 results. (00:22) Apple (AAPL) announces the biggest shakeup to iOS and the App Store since launch. (01:25) California regulator OK’s $45M PG&E (PCG) payment in Dixie Fire settlement. (03:11) This is…
hapabapa Intel Corporation (NASDAQ:INTC) stock certainly has turned around after being in a position where its technology was seemingly behind the curve of many competitors. The stock has had an amazing run just quarters after reporting its largest loss in history. We traded this one, as we saw shares a buy when they were in…
FinkAvenue Intel Corporation (NASDAQ:INTC) was announced as our top investment recommendation for 2023 at the start of the year. Since that article was written, the company has had a total return of more than 70%, versus the S&P 500 (SP500), which returned just over 20%. As we’ll see throughout this article, despite tripling the market,…
4kodiak The Intel Investment Thesis Data by YCharts Year to date, Intel Corporation (NASDAQ:INTC) has rewarded shareholders handsomely, but over the past 5 years, the story has been different as Intel has yet to return to its 2020 highs. But a huge TAM, positive comments from the management about future opportunities, and big promises have…
JHVEPhoto/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Intel (INTC) drives semiconductor stocks higher after Israeli grant for chip plant. (00:26) Dish Network (DISH) merger with EchoStar (SATS) slated to close Sunday. (01:16) Amazon Prime (AMZN) getting ads next month, or pay for ad-free streaming. (01:55) This…
Dubbed Gaudi3, Intel intends to attract generative AI companies like OpenAI away from Nvidia and bolster its stock market performance. Intel Corp (NASDAQ: INTC) stock closed Thursday trading at $45.18, up 1.37 percent from the day’s opening price. Although Intel has been on a winning streak since the calendar flipped in January, the company is…
JHVEPhoto/iStock Editorial via Getty Images Introduction The Q3 GDP report showed the US economy grew at a 4.9% annualized rate, exceeding analyst estimates. However, markets seemed unimpressed as the report contained some warning signs about the outlook. While consumer spending and business investment drove the GDP growth, disposable income fell 1% during the quarter. US…
Following the Q3 2023 report, Intel stock rose by more than 7% in after-hours trade, after closing the session at $32.52 per share. As of the press moment, Intel stock is trading at $35.15. Its market cap has hit $137.49 billion. Year-to-date, Intel shares are 23.04% up. The world’s largest manufacturer of central processing units and semiconductors…
Intel is making a strong push in the semiconductor industry with FPGAs, which can be highly flexible, efficient, and used in various industries, are in high demand. Chip-making giant Intel is planning to treat its programmable chip unit as a standalone business. As a result, the company is going to spin out an Initial Public…
Mustapha Madoul The INTC Investment Thesis Remains Sentiment Driven We previously covered Intel (NASDAQ:INTC) in July 2023, discussing the management’s pessimistic commentary on its lower gross margins over the next few years, thanks to its impacted ASPs and underloaded capacity. INTC 5Y Performance Trading View Combined with the previous dividend cut, we were not sure…
Bet_Noire/iStock via Getty Images Moore’s Legacy and the Semiconductor Landscape’s Shift Intel (NASDAQ:INTC) founder Gordon Moore, known for Moore’s Law, passed away on March 24, 2023. His observation that the number of transistors on a microchip doubled every two years guided semiconductor advancement for decades. This vision propelled Intel’s rise as the industry leader until…
Intel Corporation (NASDAQ:INTC) Goldman Sachs Communacopia & Technology Conference Call September 5, 2023 2:30 PM ET Company Participants Stuart Pann – Senior Vice President and General Manager of Intel Foundry Services Conference Call Participants Toshiya Hari – Goldman Sachs Group, Inc. Toshiya Hari Okay. Great. We would like to get started. If you could kindly…
BryanLever/E+ via Getty Images Intel Corporation (NASDAQ:INTC) is still trying to emerge from its darkest hour. Remember earlier this year when the company reported its largest loss in history. While the company is not dead, it is fighting obliteration, as it is simply behind the curve relative to the competition. Most specifically, with the artificial…
According to Intel Chief Executive Pat Gelsinger, all efforts to get the Tower deal approved by the regulators proved abortive. Intel Corporation (NASDAQ: INTC) has announced that it will not be pursuing the acquisition of Israeli contract chipmaker Tower Semiconductor any further. According to a press release, the deal, which expired on Tuesday, August 15, will…
hapabapa Investment Thesis I have been quite bullish on Intel (NASDAQ:INTC) since the stock reached and even went below the $30 level nearly a year ago – even without having to require any overly ambitious financials besides returning back to pre-downturn numbers: Intel Stock Bottomed And There Is Upside Potential. In the wake of the…
David Becker As with any competitor, a quarterly earnings report from a peer can provide great insight into the market. For Advanced Micro Devices (NASDAQ:AMD), the Q2’23 earnings report from Intel (INTC) provides great views on the surging demand for AI chips and a rebound in PC demand crucial for AMD. My investment thesis remains…
hapabapa Listen below or on the go on Apple Podcasts and Spotify Intel (INTC) surges as Q2 results show PC rebound underway, strong guidance. (00:27) U.S. crude oil (CL1:COM) benchmark closes above $80 for the first time since April. (01:41) First Solar (FSLR) to invest $1.1B in new U.S. factory; posts strong Q2 earnings beat….
Finance chief David Zinsner attributed the better-than-expected Q2 2023 earnings to some internal developments at Intel. After two consecutive quarters of losses, semiconductor corporation Intel Corporation (NASDAQ: INTC) has returned to profitability in Q2 2023. For the three months that ended on July 1st, the company exceeded analysts’ expectations in earnings for the first time…