Shares of Cerebras Systems (NASDAQ:CBRS) are down roughly 13% in midday trading on Thursday, changing hands near $225 after closing Wednesday at $262.
Intel's CEO said this week that the chip maker may return to the memory market, potentially making it a challenger to Micron and SK Hynix.
Intel (NASDAQ: INTC | INTC Price Prediction) posted 25.42% year-over-year revenue growth in Q2 2026, its strongest top-line result in more than 15 years, powered by a 59% surge in Data Center and AI revenue.
At $100.95, Intel (NASDAQ:INTC | INTC Price Prediction) is a Hold, with the next leg of the trade riding on binary catalysts that will either validate this year's dramatic re-rating or expose it as premature.
Intel Corp (NASDAQ:INTC, XETRA:INL) priced roughly $20 billion in new equity this week, a move analysts at BofA Securities said reflects growing confidence in the chipmaker's foundry business rather than a defensive balance-sheet play. The bank estimates the offering, which includes a 15% greenshoe option, will dilute earnings per share by about 4-5% on the higher share count.
Shares of Intel (NASDAQ:INTC | INTC Price Prediction) are climbing 5% to $102 in midday trading Wednesday, extending a run that has Intel stock up 176% year to date (YTD).
Jim Cramer put Intel (NASDAQ:INTC | INTC Price Prediction) back in the spotlight this afternoon, telling followers on X that the chipmaker will be a “major focus name” on the CNBC Investing Club segment, with specific attention on
It's not often that a company selling a vast slug of new shares is met with anything but a groan from existing investors, who see their slice of the pie shrink as a result. Yet the $20 billion stock offering just priced by Intel Corporation NASDAQ: INTC is a more interesting case than the usual dilution grumble, and it says a great deal about where this chip giant now finds itself.
The signs are all around that Wall Street is back in that dangerous atmosphere of giddy euphoria that those with long memories will remember from the infamous dot-com bubble of the late 1990s.
Intel's $20 billion stock offering sets the company up for potential success, according to UBS.
Intel (NASDAQ: INTC | INTC Price Prediction) and Super Micro Computer (NASDAQ: SMCI) both delivered AI-fueled quarters and both got sold.
Intel stock INTC surged 4% on Wednesday after its recent $20 billion stock offering. While Bank of America said the stock offering may dilute earnings in the near term, the analyst sees the move as growing confidence in the chipmarker's long term foundry strategy.