Intel on Monday announced that it has entered into a definitive agreement to sell 51% of its Altera semiconductor business to Silver Lake, a private equity firm.
The latest trading day saw Intel (INTC) settling at $19.74, representing a -0.7% change from its previous close.
Shares of Intel Corp (NASDAQ:INTC, ETR:INL) and Texas Instruments Inc (NASDAQ:TXN) slumped on Friday after China clarified that retaliatory tariffs on US goods would not apply to semiconductors manufactured outside the U.S., such as those made in Taiwan. Intel dropped 3.5% and Texas Instruments tumbled nearly 6.7%, while ON Semiconductor slid 3.6%, as investors digested guidance from China's main chip industry group suggesting that chips produced at US-based fabs would face steep new import duties.
Intel (INTC -7.62%), the world's largest manufacturer of x86 CPUs for PCs and servers, was once considered a reliable blue chip tech stock. It had a wide moat, generated stable profits, and paid out reliable dividends.
Intel (INTC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Intel's stock remains a "strong buy" due to historically low price-book ratios and limited downside potential, despite recent declines in share prices. Intel's Q4 2024 earnings surpassed estimates, but revenue and net income showed declines, creating a challenging starting point for the new CEO. Comparatively, Intel's price-book ratio is significantly lower than key competitors like AMD, Qualcomm, and Nvidia, highlighting its undervaluation.
Semiconductor giant Intel (INTC -7.28%) has a new CEO ready to shake up the company after years of disappointing results. Intel has been losing market share to AMD in its core CPU businesses, struggling to gain a foothold in the AI accelerator market, and pouring billions into new factories and manufacturing technology.
The first three months of 2025 were a tough run for the market. The S&P 500 lost 4.6% and the Nasdaq Composite lost 10.4%.
Intel Corporation NASDAQ: INTC is the subject of intense market speculation following rumors of a potential landmark partnership with Taiwan Semiconductor Manufacturing Company NYSE: TSM, the world's leading contract chip manufacturer.
Intel is undergoing a strategic overhaul to regain competitiveness, including splitting its foundry operations and revamping its chip design roadmap. The stock trades at a deep discount, reflecting skepticism that may overlook improving execution and long-term potential. Management is candid about past failures and is now aggressively investing in technology, manufacturing, and structural change.
With Lip-Bu Tan as the new CEO, Intel stock might become a top buy this year with a potential turnaround.
Intel targets over 100 million AI PC shipments by end-CY25, leveraging Core Ultra chips and 400+ AI-optimized features from 200+ ISVs. Panther Lake, launching H2 CY25 on Intel 18A, is set to be the first high-volume AI CPU on Intel's next-gen node, anchoring future growth. Intel Foundry posted a $13B loss in CY24 despite $18B revenue; EUV wafer mix remains low at ~5%, breakeven expected by CY27.