Latest news with #INTC
Business Insider
5 days ago
- 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.
Forbes
20-05-2025
- Business
- Forbes
This 8% Dividend Taps Into The Real AI Gold Rush
Orange hologram on black background showing how group of people analise financial data with help of ... More AI Can we still call ourselves contrarians if we buy into 'mainstream' trends like the stunning growth of AI? Of course we can. Today we're going to do just that. But of course we're not picking up obvious names like NVIDIA (NVDA). Instead we're looking to an 8%-paying fund I see having even more upside than the 'go-to' AI stocks everyone else is buying. The technique we're going to use here is a very underappreciated concept called 'oblique investing.' Sounds a bit dry, I know, but it's anything but. The idea here is, roughly speaking, to invest in big forces driving the market and shifting the economy over the foreseeable future. Obvious, right? There's more here, though, because, of course, doing this directly by investing in the trend itself means you'll likely overpay, since the market has already picked up on it. So instead, we're going to look to stocks (and funds!) that are well-positioned to ride the trend higher but aren't the obvious names in their sectors. It's best to look at this through an example: In the mid-2010s, technology's rise to dominance over other sectors was a clear trend. So anyone who bought the 'big three' semiconductor stocks—NVIDIA, Advanced Micro Devices (AMD) and Intel (INTC)—would have easily beaten the S&P 500 on average. NVDA Total Returns As we can see, big gains from AMD (in blue) and NVIDIA (in purple) more than offset losses on Intel (in green). However, back then, buying NVIDIA, which was best known for making graphics cards for gamers, seemed like a losing move compared to Intel, which made the CPUs in almost every computer. Even Apple (AAPL) had switched to Intel processors. In other words, the 'obvious' investment in the future did not play out, while the closely related, but not directly plausible—or 'oblique,' if you will—story did play out. Fast-forward to today and we're looking at another trend in the process of rewriting tech—and many aspects of society as a whole: AI. Here too, NVIDIA is the major player, with its chips powering the AI trend, much like Intel's chips powered the rise of tech more generally in the 2010s. Thanks first to its gains from powering the tech sector and then to its AI dominance, NVIDIA has grown to become the second-largest stock in the S&P 500. The numbers are staggering: Over the last 10 years, NVIDIA went from being 0.063% of the S&P 500 to 5.8% now. And as I write this, following the tariff selloff, investors are starting to turn back to the story of US economic growth driven by, you guessed it, technology such as AI. And so NVIDIA is starting to recover, but its ceiling is much lower than it was in the past. It's already risen some 25,000%+ in the last 10 years, and another 25,000%+ gain over the next decade is simply not in the cards. Where does that leave us? Obviously, we want to invest in AI's ongoing growth, but we don't want to get into a crowded trade. That brings me to a closed-end fund (CEF) called the Virtus Artificial Intelligence & Technology Opportunities Fund (AIO), which we once held in my CEF Insider service. CEFs are, of course, wildly underappreciated, so to say AIO is 'oblique' compared to NVIDIA might be the king of understatements! Nonetheless, this 8%-yielding fund (more on the payout in a moment) does hold NVIDIA, so we get some exposure to the company's ongoing growth (which will continue, even if it doesn't hit those 25,000% gains of the past). We're getting the other 'usual suspects' in AI, too, including Meta Platforms (META). But the real key to AIO's 'oblique' appeal is that it also holds firms that benefit by using AI in their day-to-day businesses, like drug maker Eli Lilly & Co. (LLY), insurer Progressive Corp. (PGR) and heavy-equipment maker Deere & Co. (DE). Firms like these are key to profitable AI investing because it's likely to be the users of this tech—not the providers—that reap the biggest profits from it. While it's best known for its chatbot, AI leader OpenAI also has many enterprise clients, including John Deere. In short, Deere uses AI to make its products more efficient, such as its herbicide spray, which uses fewer chemicals than competitors' offerings. That results in healthier, cheaper products, said Justin Rose, Deere's president of lifecycle solutions, supply management and customer success, in his recent conversation with OpenAI. (If you're into farming, the entire interview is worth reading.) Of course, these are far from obvious cases of AI integration, so they're not priced into stocks like Deere yet, and that is exactly why AIO is holding them. Same goes for Progressive using AI to lower its marketing costs and Eli Lilly using AI to discover new drugs. AIO is collecting these 'hidden' AI plays for investors to hold for the long haul. Finally, there's that 8% dividend, which has held steady since AIO's launch. Investors have picked up a couple of nice special dividends, too. AIO Dividend This, by the way, is yet another benefit of 'oblique' CEFs: high (and often monthly paid) dividends you have zero hope of getting from a mainstream tech name like NVIDIA. Michael Foster is the Lead Research Analyst for Contrarian Outlook. For more great income ideas, click here for our latest report 'Indestructible Income: 5 Bargain Funds with Steady 8.6% Dividends.' Disclosure: none
Yahoo
19-05-2025
- Business
- Yahoo
Intel (INTC) Loses Ground in Q1 Chip Battle to ARM
We recently published a list of . In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other AI stocks on Wall Street's radar. Days after the Biden-era rule on AI chips export was rescinded, a bipartisan group of eight U.S. lawmakers has now introduced a bill requiring makers of artificial intelligence chips to include technology that verifies the location of their chips before exporting them. Introduced in the U.S. House of Representatives, the Chip Security Act will aim to address reports of U.S. export-controlled AI chips being smuggled into China. The bill comes shortly after US President Donald Trump began his tour of the Middle East this week, announcing several deals that will send AI chips to countries in the Middle East. This has been despite growing opposition from some inside the US government. READ NEXT: and 'In order for the United States to maintain our technological advantage, we must employ safeguards to help ensure export controls are not being circumvented, allowing these advanced AI chips to fall into the hands of nefarious actors.' For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A technician soldering components for a semiconductor Corporation (NASDAQ:INTC) designs and sells computing hardware, semiconductor products, and AI-driven solutions for various industries. On May 14, Citi revealed that Mercury Research has released estimates for Q1 microprocessor shipments and market share. The estimates reveal that Q1 MPU units are down 6.1% quarter-over-quarter, above the usual seasonal drop of 9.4%. The analyst told investors in a research note how ARM Holdings has gained market share over both AMD and Intel (INTC). ARM gained 281 basis points quarter-over-quarter with 13.6% in MPU unit share, AMD lost 99 basis points, and has 21.1% of the overall MPU unit share. Meanwhile, Intel lost 182 basis points and has a 65.3% share. The firm has maintained a 'Neutral' rating on Intel and AMD shares. Analysts on Wall Street currently have a consensus 'Buy' rating on the stock. The average price target of $20 implies a 3.15% upside, however, the Street-high target of $27 implies an upside of 39.25%. Overall, INTC ranks 8th on our list of AI stocks on Wall Street's radar. While we acknowledge the potential of INTC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INTC and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at .
Reuters
19-05-2025
- Business
- Reuters
Intel's new CEO says the company has 55% of the data centre market
TAIPEI, May 19 (Reuters) - Intel's (INTC.O), opens new tab new CEO, Lip-Bu Tan, said on Monday that the company has a 55% share of the data centre market.
Yahoo
16-05-2025
- Business
- Yahoo
Intel Appeals EU Ruling, Seeks Further Fine Reduction
Intel (NASDAQ:INTC) is pushing back hard against a proposed 376 million EU antitrust fine, arguing the European Commission has overstated the scope of its 20022006 conduct. Warning! GuruFocus has detected 7 Warning Signs with INTC. The Commission first fined Intel 1.1 billion in 2009 for allegedly paying HP (NYSE:HPQ), Acer (ACEYY) and Lenovo (LNVGY) to sideline rival AMD (NASDAQ:AMD) chips, and while Intel won a partial reduction in 2022, today's appeal hearings focus on whether those agreements truly formed an overall strategy to block competitors. During Friday's session, Intel attorney Daniel Beard told the General Court that the Commission cannot treat isolated pricing practices and handset incentives as equally weighty or cumulatively strategic, and that the narrower naked restrictions should not carry the same penalty heft. Intel maintains its payments to OEMs addressed specific product launches rather than a blanket market foreclosure, and it is confident that judges will further trim the liability or overturn the fine entirely. Why It Matters: A final ruling could reshape EU tech-sector enforcement and remove a looming multi-hundred-million-dollar overhang on Intel's valuation. Investors will be watching the court's decision, expected in the coming months, for clues on regulatory risk and any impact on Intel's cash reserves. This article first appeared on GuruFocus.
