Intel is set to unveil plans this week to slash more than 20% of its workforce, Bloomberg News reported on Tuesday, citing a person with knowledge of the matter.
The 2025 Q1 earnings season remains in full swing, with a wide variety of companies on deck to report quarterly results this week.
Despite solid traction in the AI PC market, fierce competition and Sino-U.S. trade spat are major headwinds for Intel.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Intel Corporation is cheap under $20, considering the already worst-than-expected outlook for Q1 and market overreaction to the new China policy, depending on chip origin. Intel is now focused on ramping its 3nm at TSMC so it shouldn't be too caught up by the new policy, considering that TSMC is exempt as part of China. Intel should also have PC Client upside in order for 2H25 with Microsoft Windows 10 end of life; remember +50% of Intel's total sales come from Client Computing Group.
Intel's quarterly results will offer the clearest look yet at new CEO Lip-Bu Tan's turnaround strategy for the embattled American chipmaker, and investors are hoping for early signs that he is reversing years of strategic lapses.
The key to Intel's (INTC -0.34%) turnaround is the Intel 18A manufacturing process, the final process in the company's original five-nodes-in-four-years plan. Intel will not only make Intel 18A available to foundry customers, but it will also use the process for many of its own chips, including Panther Lake for PCs and Clearwater Forest for servers.
Intel has significant growth opportunities due to the rising demand for AI chips and its strategic advantage in producing chips in its own foundries. Despite recent underperformance, Intel's potential collaborations with Nvidia and TSMC indicate a positive turnaround. Given the current price and potential upside driven by the AI revolution, I maintain a BUY rating for Intel.
The semiconductor sector is growing rapidly thanks to the rise of artificial intelligence (AI), making it a great area to invest in. The industry saw 19% year-over-year revenue growth to $627 billion in 2024, and is forecast to hit $981 billion by 2029.
Lip-Bu Tan, the microphone is yours.
Intel (INTC -1.61%) has been one of the more disappointing stocks in modern market history. Shares of the veteran chipmaker, which helped pioneer the digital age, are down almost 15% over the last 20 years, as the company missed out on major technology transitions such as mobile and now artificial intelligence (AI), including passing up an opportunity to invest in OpenAI even as recently as in 2017.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Intel (INTC), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2025.