Intel (INTC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
I reiterate my Buy rating on Intel Corporation with a fair value of $29 per share, citing strong progress in AI and GPU product launches. Intel's Computex 2025 event showcased Gaudi 3 AI accelerator and new ARC graphics cards, positioning the company to gain share in AI and workstation markets. Despite near-term revenue headwinds from trade uncertainty and capacity shortages, I expect flat FY25 revenue and 6% organic growth from FY26 onward.
QCOM gains edge over INTC in AI PCs and 5G, with stronger 2025 growth forecasts and broader connected tech traction.
Intel layoff notices suggest hundreds of engineers and technicians are among those set to lose their jobs.
Intel (INTC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Recent price action in Intel Corporation NASDAQ: INTC stock has been anything but quiet. Shares have staged a multi-day price battle, bringing Intel's stock to multi-month highs, breaking convincingly above the $23 mark and posting a three-month gain of over 19%.
Intel Corp (NASDAQ:INTC, ETR:INL) has completed the spinout of its RealSense division, establishing the computer vision and depth-sensing business as an independent company backed by $50 million in Series A funding. RealSense, which has operated within Intel for more than a decade, will now focus on advancing AI-powered vision systems for robotics, biometrics, and automation.
Intel said its is spinning out its artificial intelligence robotics and biometric RealSense and announced a $50 million funding round. RealSense, which makes tools and technology for robotics automation, said it plans to use the funding to develop new product lines and meet growing demand.
The latest trading day saw Intel (INTC) settling at $23.82, representing a +1.62% change from its previous close.
INTC cuts 529 jobs across Oregon to streamline operations, reduce complexity and refocus on core chip and data center R&D.
Intel (NASDAQ:INTC) stock increased almost 7% on Tuesday, despite the absence of significant stock-specific news to justify such a significant movement. The overall semiconductor sector has been on an upward trend in recent weeks, and Intel stock, which is still down around 32% over the previous year, may be attracting investor interest as a possible rebound opportunity.
Intel is shifting focus from the 18A node to 14A, prioritizing cost cuts and margin improvement over risky, capital-intensive innovation. Management's decision to abandon 18A is driven by weak customer demand, poor yields, and TSMC's superior 2nm process economics. Aggressive layoffs and divestitures are expected to boost margins and return Intel's revenue per employee to pre-pandemic levels.