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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.
Intel (INTC -0.34%) stock investors have much to look forward to when the company announces its quarterly financial results.
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.
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Lip-Bu Tan, the microphone is yours.
Earnings from Tesla, Alphabet, and Intel headline a packed week as traders assess tariff fallout, Fed remarks, and weak consumer sentiment data.
Even before the market sell-off, Intel's (INTC -1.61%) stock struggled. That perhaps should be no surprise.
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.