Is Intel's stock due for a pullback?
Trade tensions and signs of stiffening competition weighed on a number of stocks in the AI space Tuesday. Meanwhile, stronger-than-expected quarterly profits helped lift shares of a large bank.
Intel remains a strong buy as recent U.S.-China trade tensions highlight its strategic value as America's sole major semiconductor foundry. Intel's turnaround under CEO Lip-Bu Tan, cost-saving measures, and significant government funding position it for long-term upside despite recent gains. The market undervalues Intel's foundry business, which could be massively repriced as supply chain security becomes a national priority.
In the latest trading session, Intel (INTC) closed at $37.22, marking a +2.34% move from the previous day.
The U.S. government's 9.9% equity stake, $8.9B CHIPS funding, and $3B Secure Enclave award make Intel a sovereign manufacturing asset central to America's semiconductor re-industrialization. With TSMC and Samsung near full capacity and substrate shortages constraining output, Intel's 18A/14A nodes offer the only scalable purely-Western alternative—validated by Nvidia's 4% and SoftBank's 2% stakes. Intel's $100B Ohio fab, powered by long-term clean-energy PPAs, positions it at the intersection of semiconductor and energy scarcity, creating a durable moat and 20%+ expected annualized return.
Intel on Thursday unveiled key details of its upcoming Panther Lake laptop processor, the first chip built on its next-generation 18A production process, aiming to convince investors its costly turnaround plan can restore its manufacturing edge.
The centerpiece of the company's comeback hopes is a multibillion-dollar facility in the Arizona desert. Will it draw new customers?
Intel Corp (NASDAQ:INTC, ETR:INL) is expected to release technical details about its forthcoming semiconductor for laptops, known as Panther Lake, on Thursday, Reuters reported late Tuesday, citing four sources briefed on the plans. The media outlet noted that Panther Lake chips are Intel's high-end mobile processors that are typically included in more expensive laptops.
Intel (INTC) stock has risen by 10.8% in 5 trading days. Do you already possess the stock?
HSBC sees 35% downside potential for Intel's stock, cautioning that the company would need a technology deal with TSMC to spark a true turnaround — and that looks unlikely.
Intel (NASDAQ: INTC) has been downgraded by HSBC to ‘Reduce' from ‘Hold', with a new price target of $24, up from $21.25.
Intel plans to release technical details about its forthcoming chip for laptops, known as Panther Lake, on Thursday, four sources briefed on the plans told Reuters. It is part of an effort to reassure investors about Intel's first product made entirely using its next-generation manufacturing process called 18A, the sources said.