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Intel Stock (NASDAQ:INTC) Slides on New Developments, Old Faces
Intel Stock (NASDAQ:INTC) Slides on New Developments, Old Faces

Globe and Mail

time6 days ago

  • Business
  • Globe and Mail

Intel Stock (NASDAQ:INTC) Slides on New Developments, Old Faces

Today turned out to be an oddly mixed day for chip stock Intel (INTC). It brought out some exciting news about the upcoming Battlemage CPU lineup, and some new bits about its role in a high-powered laptop, or rather, a laptop with high battery power in it. It also lost some names in its sales force that might be concerning. All of this together added up to concern from investors, as Intel shares slid over 2% in Friday afternoon's trading. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter First, there's the Arc B770, a development that is proving a surprising winner for Intel as it gets more into the graphics processing unit (GPU) market space. The B770, the latest in the series, is still expected to hit in the fourth quarter of this year. This should be particularly good news if it can lean toward the front half of the fourth quarter as opposed to the back, which would make the B770 one doozy of a Christmas shopping item. Second, there is the boost from Lenovo (LNVGY), by way of the ThinkPad T14s, Gen 6. Reports note that this laptop comes with a hefty 21 hours of battery life, and a lot of that is thanks to Intel's Lunar Lake processors, which serve as the underpinnings of this laptop. Reports call it an '…ideal balance between great everyday performance and efficiency.' And Then, The Losses This was all good news for Intel, but not all the news was so pleasant. Intel lost two fairly major names in its operation: its data center sales leader, and its public sector sales leader. Both Uday Yadati, who ran the data center sales, and Cameron Chehreh, who handled public sector, left the company recently. Yadati's departure was unexpected, reports note, and Chehreh first announced his departure on LinkedIn late Wednesday, reports noted. Yadati was, apparently, made a better offer elsewhere as he left to '…pursue another opportunity,' reports noted. And Chehreh was leaving to return to his 'software roots,' serving as president and general manager at a startup. 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 33.11% loss in its share price over the past year, the average INTC price target of $21.29 per share implies 5.76% upside potential. See more INTC analyst ratings Disclosure

Intel Stock (NASDAQ:INTC) Slides on New Developments, Old Faces
Intel Stock (NASDAQ:INTC) Slides on New Developments, Old Faces

Business Insider

time24-05-2025

  • Business
  • Business Insider

Intel Stock (NASDAQ:INTC) Slides on New Developments, Old Faces

Today turned out to be an oddly mixed day for chip stock Intel (INTC). It brought out some exciting news about the upcoming Battlemage CPU lineup, and some new bits about its role in a high-powered laptop, or rather, a laptop with high battery power in it. It also lost some names in its sales force that might be concerning. All of this together added up to concern from investors, as Intel shares slid over 2% in Friday afternoon's trading. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter First, there's the Arc B770, a development that is proving a surprising winner for Intel as it gets more into the graphics processing unit (GPU) market space. The B770, the latest in the series, is still expected to hit in the fourth quarter of this year. This should be particularly good news if it can lean toward the front half of the fourth quarter as opposed to the back, which would make the B770 one doozy of a Christmas shopping item. Second, there is the boost from Lenovo (LNVGY), by way of the ThinkPad T14s, Gen 6. Reports note that this laptop comes with a hefty 21 hours of battery life, and a lot of that is thanks to Intel's Lunar Lake processors, which serve as the underpinnings of this laptop. Reports call it an '…ideal balance between great everyday performance and efficiency.' And Then, The Losses This was all good news for Intel, but not all the news was so pleasant. Intel lost two fairly major names in its operation: its data center sales leader, and its public sector sales leader. Both Uday Yadati, who ran the data center sales, and Cameron Chehreh, who handled public sector, left the company recently. Yadati's departure was unexpected, reports note, and Chehreh first announced his departure on LinkedIn late Wednesday, reports noted. Yadati was, apparently, made a better offer elsewhere as he left to '…pursue another opportunity,' reports noted. And Chehreh was leaving to return to his 'software roots,' serving as president and general manager at a startup. 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 33.11% loss in its share price over the past year, the average INTC price target of $21.29 per share implies 5.76% upside potential.

Intel is seemingly preparing a huge Battlemage GPU reveal at Computex 2025 – and it's expected to be a higher-end offering
Intel is seemingly preparing a huge Battlemage GPU reveal at Computex 2025 – and it's expected to be a higher-end offering

Yahoo

time15-05-2025

  • Yahoo

Intel is seemingly preparing a huge Battlemage GPU reveal at Computex 2025 – and it's expected to be a higher-end offering

When you buy through links on our articles, Future and its syndication partners may earn a commission. Intel just teased a new Battlemage Arc GPU, asking gaming fans to 'stay tuned' It's expected to be revealed at Computex 2025 alongside new Arc Pro and AI GPUs It could be a great opportunity for Team Blue to catch up to its rivals, with a more powerful, higher-end GPU compared to the Arc B570 and B580 With Computex 2025 now upon us, it's nearly time for plenty of tech reveals from handheld gaming PCs, processors, and GPUs – and Intel has hinted at a few big reveals to challenge its rivals, Nvidia and AMD. In a post on X, Intel announced that it will be revealing new Arc Pro and AI GPUs at Computex; most importantly, it's just hinted at a new Battlemage GPU, with 'stay tuned' replies to users who flooded the replies with requests for the GPU purported as the 'Arc B770' for gamers. Multiple rumors have been widespread regarding Team Blue potentially releasing a higher-end GPU as an upgrade from its previous GPUs (reported by VideoCardz), after its Arc B570 and Arc B580 GPUs launched late last year. One in particular seemingly revealed Intel's plans for a new Arc B580 with 24GB of VRAM, which is a significant upgrade from the current model's 12GB. It's also expected to come alongside other 24GB Pro GPUs for workstations. Thanks to Intel's new teasers, these rumors now have more credibility, although it's not exactly clear if it will be unveiling both a new Arc B580 24GB GPU and an entirely new Arc B770, or just the latter alone. However, one clear thing is that gamers will be getting a new Battlemage GPU, and one that is more powerful than any of Team Blue's previous offerings – and a Computex 2025 reveal looks imminent. It's no secret that despite the successes and impressive gaming performance from both the Intel Arc B580 and Arc B570, Team Blue still has some catching up to do with Nvidia and AMD. Fortunately, this rumored GPU sounds like it might be the start of that. Both of its recent Battlemage GPUs aren't high-tier GPUs, but still manage to provide great performance results at 1080p and 1440p resolutions as budget options – but now, it sounds like Intel is making an effort in providing GPUs that are closer to middle or high tier (or at the very least more powerful GPUs than what is available). While nothing is guaranteed, I'm hoping this is indeed the case because affordable GPUs need a greater focus for budget gamers; AMD's Radeon RX 9070 and 9060 series are a prime example of this (despite the inflation issues of partner cards). I'm still keeping my expectations low, as I'm anticipating that there won't be any 'high-end' GPUs like the rumored Arc B580 24GB might suggest; at least, I don't see any of Intel's new GPUs matching or competing against the likes of an RTX 5070 Ti. However, the rumors indicate that Intel is potentially cooking something that will make gamers take it more seriously when it comes to the GPU market – and I'm hoping it's a major surprise. Intel's Arc B770 GPU could go head-to-head with Nvidia's RTX 5060 – and it's expected to be revealed at Computex Intel's latest boasts about its integrated graphics makes me less excited for the Nintendo Switch 2 - and more hyped for the MSI Claw 8 AI+ Laptop processors are better than ever, but I still don't give a hoot about 'AI PCs' - and neither should you

Intel is seemingly preparing a huge Battlemage GPU reveal at Computex 2025 – and it's expected to be a higher-end offering
Intel is seemingly preparing a huge Battlemage GPU reveal at Computex 2025 – and it's expected to be a higher-end offering

Yahoo

time15-05-2025

  • Yahoo

Intel is seemingly preparing a huge Battlemage GPU reveal at Computex 2025 – and it's expected to be a higher-end offering

When you buy through links on our articles, Future and its syndication partners may earn a commission. Intel just teased a new Battlemage Arc GPU, asking gaming fans to 'stay tuned' It's expected to be revealed at Computex 2025 alongside new Arc Pro and AI GPUs It could be a great opportunity for Team Blue to catch up to its rivals, with a more powerful, higher-end GPU compared to the Arc B570 and B580 With Computex 2025 now upon us, it's nearly time for plenty of tech reveals from handheld gaming PCs, processors, and GPUs – and Intel has hinted at a few big reveals to challenge its rivals, Nvidia and AMD. In a post on X, Intel announced that it will be revealing new Arc Pro and AI GPUs at Computex; most importantly, it's just hinted at a new Battlemage GPU, with 'stay tuned' replies to users who flooded the replies with requests for the GPU purported as the 'Arc B770' for gamers. Multiple rumors have been widespread regarding Team Blue potentially releasing a higher-end GPU as an upgrade from its previous GPUs (reported by VideoCardz), after its Arc B570 and Arc B580 GPUs launched late last year. One in particular seemingly revealed Intel's plans for a new Arc B580 with 24GB of VRAM, which is a significant upgrade from the current model's 12GB. It's also expected to come alongside other 24GB Pro GPUs for workstations. Thanks to Intel's new teasers, these rumors now have more credibility, although it's not exactly clear if it will be unveiling both a new Arc B580 24GB GPU and an entirely new Arc B770, or just the latter alone. However, one clear thing is that gamers will be getting a new Battlemage GPU, and one that is more powerful than any of Team Blue's previous offerings – and a Computex 2025 reveal looks imminent. It's no secret that despite the successes and impressive gaming performance from both the Intel Arc B580 and Arc B570, Team Blue still has some catching up to do with Nvidia and AMD. Fortunately, this rumored GPU sounds like it might be the start of that. Both of its recent Battlemage GPUs aren't high-tier GPUs, but still manage to provide great performance results at 1080p and 1440p resolutions as budget options – but now, it sounds like Intel is making an effort in providing GPUs that are closer to middle or high tier (or at the very least more powerful GPUs than what is available). While nothing is guaranteed, I'm hoping this is indeed the case because affordable GPUs need a greater focus for budget gamers; AMD's Radeon RX 9070 and 9060 series are a prime example of this (despite the inflation issues of partner cards). I'm still keeping my expectations low, as I'm anticipating that there won't be any 'high-end' GPUs like the rumored Arc B580 24GB might suggest; at least, I don't see any of Intel's new GPUs matching or competing against the likes of an RTX 5070 Ti. However, the rumors indicate that Intel is potentially cooking something that will make gamers take it more seriously when it comes to the GPU market – and I'm hoping it's a major surprise. Intel's Arc B770 GPU could go head-to-head with Nvidia's RTX 5060 – and it's expected to be revealed at Computex Intel's latest boasts about its integrated graphics makes me less excited for the Nintendo Switch 2 - and more hyped for the MSI Claw 8 AI+ Laptop processors are better than ever, but I still don't give a hoot about 'AI PCs' - and neither should you

Will Intel announce a new Battlemage gaming GPU next week?
Will Intel announce a new Battlemage gaming GPU next week?

The Verge

time14-05-2025

  • Business
  • The Verge

Will Intel announce a new Battlemage gaming GPU next week?

The gaming GPU market desperately needs real competition — perhaps Intel will bring it to Computex? Officially, the company's only teasing new Arc Pro GPUs for pros, but its X account mysteriously keeps saying 'stay tuned' to commenters who ask about an unannounced B770 gaming GPU! If the Arc B770 is real — and follows the path laid out by the B580 and B570 before it — it could give Nvidia and AMD a run for the money.

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