Intel Corp (NASDAQ:INTC, XETRA:INL) announced that it plans to retain its networking and communications unit, NEX, after evaluating strategic options for the business. The decision comes after a period in which Intel explored selling various assets to improve its financial position.
What an incredible comeback year it's been for fallen former chip darling Intel (NASDAQ:INTC), which added to its gains last week after whispers that the firm might have a deal with Apple (NASDAQ:AAPL) to make some of its Mac chips.
I believe the whole bull case on Intel Corporation hinges on Intel Foundry winning credible tier-one external customers. This segment is the core pillar of the bears on Intel. Apple deal rumors (still unconfirmed) sparked a sharp move. Even if real, fundamental upside wouldn't show up until 2027, with Kuo citing 18AP PDK timing into Q1 2026. The 118% rally since early August seems to be led by sentiment. This is a compliment for the company, considering its poor growth prospects over the next 12 months.
Intel Corporation (INTC) Presents at UBS Global Technology and AI Conference 2025 Transcript
Intel said on Wednesday it has opted to keep its networking and communications unit in the company following a review of strategic options for the unit.
INTC jumps 8.7% on buzz of a potential Apple chip deal, but margin pressure and fierce competition loom large.
Intel (INTC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Intel (INTC) shares surged 10% on optimism over a potential advanced-node foundry deal with Apple, targeting high-volume MacBook and iPad lines. A finalized agreement hinges on Intel delivering updated 18AP Process Design Kits (PDKs) by early 2026, a key catalyst for INTC's stock. INTC's advanced RibbonFET and PowerVia technologies could meet Apple's strict power and efficiency demands, but failure to deliver risks downside.
Intel's stock held onto a 10% rise in pretrading on Monday. It rose on Friday after an analyst predicted the chipmaker would secure a deal to supply Apple.
Could Intel be closer to scoring a deal with iPhone maker Apple?
A major U.S. chipmaker got a boost from speculation that it could win a new Big Tech customer, while a high-flying pharmaceutical stock reversed some of its recent gains.
102.3%. That is how much Intel shares have climbed since January, when the chipmaker's stock traded around the $20.22 mark, a little more than half what they are worth today.