Intel on top picks, potential trades
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Despite the huge rally, analysts are sharply divided on Intel for one major reason: Intel's foundry business looks both promising and risky.
Buy put protection on Intel using near-dated puts expiring right after earnings (e.g., April 24). Options positioning already shows bearish skew (put-to-call ~1.13) and the market is paying for downside.
Intel (INTC) stock gains as Tesla confirms use of Intel's 14A chip process for Terafab, becoming the foundry's first major external customer.
Intel is set to report earnings Thursday, with the chipmaker's stock seen potentially swinging to its highest level in decades following the results.
Intel (NASDAQ: INTC) recently posted its first-quarter earnings report. The chipmaker's revenue came in flat year over year at $12.7 billion, which still beat analysts' estimates by $390 million. Its adjusted earnings per share (EPS) fell 28% to $0.13 but ...
Intel hasn't clarified how far overclocking support will extend, or whether users will be able to use it without investing in expensive motherboards.
Intel INTC announced that SoftBank will buy $2 billion of Intel stock at $23 per share as it invests in US chip manufacturing. Separately, the US government appears to be nearer to a deal to use the CHIPS and Science Act funds to acquire a 10% stake in Intel.
NEW ALBANY, Ohio (WCMH) — Intel announced it will need to get external customers for its manufacturing division, or it may need to stop all work in Ohio. To understand 14A’s importance, it’s crucial to first understand how Intel works. Intel is ...
Intel stock (NASDAQ:INTC) has barely moved this year, up just 2%, as the company continues to struggle with shrinking relevance in its core CPU market and underwhelming progress in its foundry ambitions, despite investing over $50 billion in the space.