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.
Zacks.com users have recently been watching Intel (INTC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Investors are taking a new look at Intel's (INTC -11.21%) stock after the appointment of Lip-Bu Tan as its new CEO. He takes over as Intel struggles to catch up to competitors and develop a foundry business that can compete with Taiwan Semiconductor Manufacturing and Samsung.
Intel (INTC -11.21%) stock investors have much to digest this week as tariffs increase economic uncertainty.
Shares of Intel (INTC -11.68%) are tumbling on Thursday. The chipmaker's stock lost 10.8% as of 1:40 p.m.
Intel Corp (NASDAQ:INTC, ETR:INL) and Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM) (TSMC) have reportedly reached a preliminary agreement to form a joint venture (JV) that may mark a turning point in Intel's ambitious foundry strategy, analysts at UBS believe. Per media reports, TSMC would acquire its 20% stake through the contribution of technology and personnel, versus capital investment.
Intel (INTC) initially soared after The Information reported it and TSMC (TSM) joined a tentative agreement to build their own chipmaking venture. Jenny Horne points to one overhang: Trump's tariffs.
Jenny Horne details the reported agreement between Intel (INTC) and TSMC (TSM) to start a new joint venture to take over control of INTC manufacturing facilities. The report originated from The Information and says TSMC will take a 20% stake in the JV.
Intel Corporation NASDAQ: INTC is at a critical juncture in its multi-year turnaround strategy. The appointment of CEO Lip-Bu Tan led to an initial stock surge, which has since subsided, with shares trading near $21.35 in early April.
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