Intel Stock News

Semiconductor stock Intel Corp (NASDAQ:INTC) is succumbing to sector headwinds as the company gears up for its third-quarter earnings report, due out after the close tomorrow, Oct. 23.

Wedbush analysts remain ‘Neutral' on Intel Corp (NASDAQ:INTC, ETR:INL) but have nudged their target price on the stock up by $1 to $20 per share ahead of the chipmaker's third quarter financial results on October 23.   “While we struggle to justify the company's recent surge in valuation, we also are reluctant to shift our opinion on the stock into an earnings period where Intel's results/outlo...

The chip maker's stock has rallied following multibillion-dollar investments in its business, but not everyone is convinced that will be enough for a turnaround.

Intel's third-quarter results on Thursday will show whether a clutch of recent high-profile investments can shore up its strained finances as new CEO Lip-Bu Tan attempts to revive the ailing chipmaker.

October is more than halfway over, but there's still time for investors to snap up some world-class stocks. For those wanting to bet on artificial intelligence (AI), Intel (INTC 2.94%) and International Business Machines (IBM 0.83%) fit the bill.

Intel (INTC) is set to report third-quarter earnings after markets close Thursday, and traders expect the stock to be unusually volatile following the results.

Semiconductor giant Intel (INTC 2.94%) has struggled to convince potential customers that its foundry business should be taken seriously. A long history of manufacturing delays and a lack of a track record in the foundry business are rightfully creating hesitation among fabless chip companies.