Latest news with #INTC
Yahoo
4 days ago
- Business
- Yahoo
Intel (INTC) Aims to Lower Expenses, Prepares for AI Era
Intel Corporation (NASDAQ:INTC) is one of the 10 Best American Semiconductor Stocks to Buy Now. The company is focused on driving improved execution and operational efficiency. Intel Corporation (NASDAQ:INTC) aims to lower its operating expenses to $17 billion in 2025, which is less than the previously stated goal of $17.5 billion. For 2026, the company aims to reduce operating expenses further to $16 billion. To achieve this, Intel Corporation (NASDAQ:INTC) plans to streamline its organization by cutting down on management layers. The company also plans to focus on supporting its engineering teams to create better products. At the same time, the company will be looking to increase accountability and make it easier for customers to do business with Intel Corporation (NASDAQ:INTC). A technician soldering components for a semiconductor board. Intel Corporation (NASDAQ:INTC) has a large market share in both the client and data center markets. The company is shifting its focus to build competitive products that meet the needs of its customers, especially as the computing world shifts towards AI agents and reasoning models. Intel Corporation (NASDAQ:INTC) will be looking to redefine its portfolio to optimize its products for new and emerging AI workloads. Intel Corporation (NASDAQ:INTC) is an American semiconductor manufacturing company. It is one of the world's largest manufacturers of central processing units (CPUs) and semiconductors. While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
4 days ago
- Business
- Globe and Mail
Intel Stock (NASDAQ:INTC) Blasts Up as Mac Support Dies
New reports probably should have been worse for chip stock Intel (INTC) than they turned out to be, as they noted that the age of Intel processors in Apple (AAPL) Mac computers was coming to an end. But Intel shareholders treated this revelation like a grand celebration, and sent shares blasting up over 8% in Tuesday afternoon's trading. Confident Investing Starts Here: The reports noted that MacOS Tahoe will be the last version of MacOS to offer support for Macs that use Intel processors. This includes several older MacBook Pro, iMac and Mac Pro models, and those who have these computers will still be able to enjoy the updates made available with the launch of Tahoe later on. However, there is one caveat: Apple Intelligence will not be made available to those computers. Apple Intelligence requires Apple processors to run, reports note. The loss of Apple as a customer for some desktop hardware was not exactly unexpected. Apple has been working to migrate from Intel to its own processors for the last five years, reports noted, but Apple promised to support Intel processors '…for years to come.' Five years later, that promise seems to have been kept, and is reaching its end accordingly. Brighter Days So what in the world sent Intel rocketing up? There was some good news out for Intel along with the bad news. The entire chip sector got something of a boost from talks with China in the trade field, giving Intel a bit of a 'halo effect' boost. Reports noted that '…hopes that the talks between the U.S. and China will result in looser export restrictions' helped fuel Intel's impressive gains today. And, Intel also benefited from moves at the Department of Defense, which says that the DoD is likely to offer up '…operational technology-specific zero trust guidance,' according to Intel's federal chief technology officer. The move will provide guidance on specific cybersecurity protections to implement in a bid to maintain military systems, including things like weapons systems, sensor arrays, and shipyard systems, among others. Is Intel a Buy, Hold or Sell? Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 26 Holds and four Sells assigned in the past three months, as indicated by the graphic below. After a 33.76% loss in its share price over the past year, the average INTC price target of $21.29 per share implies 3.88% downside risk. See more INTC analyst ratings Disclosure Disclaimer & Disclosure Report an Issue
Yahoo
4 days ago
- Business
- Yahoo
Intel CEO Lip-Bu?Tan Cashes Out Millions in Credo Shares
June 17 Intel (NASDAQ:INTC) CEO Lip-Bu Tan recently sold a sizable stake in Credo Technology Group (NASDAQ:CRDO), where he serves as a board director, according to a regulatory filing. Tan offloaded 75,000 shares of Credo on June 6 through an investment entity for proceeds of about $5.6 million. The average price per share was roughly $75.20, based on a filing with the U.S. Securities and Exchange Commission. Warning! GuruFocus has detected 7 Warning Signs with INTC. Following the transaction, the investment vehicle still holds 888,725 shares in Credo. Tan also maintains personal exposure to the stock, including 133,583 shares through a trust, 53,574 in a personal account, and 39,736 via a limited liability company. Credo, a provider of high-speed connectivity solutions, has climbed more than 9% year to date. By contrast, Intel shares have traded flat in the same period. Intel stock is down around 22% since Tan took over as CEO on March 18. The company cut jobs and issued weak forecasts in April, citing ongoing challenges. This article first appeared on GuruFocus.
Yahoo
14-06-2025
- Business
- Yahoo
Intel (INTC) Dips More Than Broader Market: What You Should Know
In the latest trading session, Intel (INTC) closed at $20.14, marking a -3.03% move from the previous day. This change lagged the S&P 500's daily loss of 1.13%. On the other hand, the Dow registered a loss of 1.79%, and the technology-centric Nasdaq decreased by 1.3%. Coming into today, shares of the world's largest chipmaker had lost 3.62% in the past month. In that same time, the Computer and Technology sector gained 7.36%, while the S&P 500 gained 3.55%. Investors will be eagerly watching for the performance of Intel in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.01, marking a 50% fall compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $11.87 billion, indicating a 7.53% decrease compared to the same quarter of the previous year. INTC's full-year Zacks Consensus Estimates are calling for earnings of $0.29 per share and revenue of $50.8 billion. These results would represent year-over-year changes of +323.08% and -4.33%, respectively. Investors should also take note of any recent adjustments to analyst estimates for Intel. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.93% decrease. At present, Intel boasts a Zacks Rank of #3 (Hold). Investors should also note Intel's current valuation metrics, including its Forward P/E ratio of 70.86. This indicates a premium in contrast to its industry's Forward P/E of 35.99. We can also see that INTC currently has a PEG ratio of 6.76. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Semiconductor - General industry held an average PEG ratio of 2.56. The Semiconductor - General industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 157, putting it in the bottom 37% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Ensure to harness to stay updated with all these stock-shifting metrics, among others, in the next trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
13-06-2025
- Business
- Wall Street Journal
The Only Remedy for Intel's Woes May Be a Breakup
To emerge from a yearslong financial and technological rut, Intel INTC 0.44%increase; green up pointing triangle needs to better compete with chip makers like Taiwan Semiconductor Manufacturing Co. It looks increasingly like that will require breaking up the company. The storied chip maker for decades minted money by designing and making its own chips in its own factories. The model worked well when the company was making the fastest-calculating chips with the smallest transistors in the world.
