Intel Stock News

Intel reported worse-than-expected Q3 results, driven by non-recurring charges. The top line beat estimates, however, and the Q4 outlook is solid. Intel has likely seen the worst already, with a $16.6B quarterly loss in Q3. Sentiment is so strained, that despite $18.5B in impairment and restructuring charges, Intel's share price rallied 8% after earnings.

Intel's stock price saw a slight recovery after a drastic crash experienced YTD. The management takes action to restructure the business and provides a promising outlook on the years to come. My conservatively derived price target offers an upside potential with a sufficient margin of safety.

Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that run artificial intelligence systems.

Intel reported a revenue beat but a huge EPS miss due to restructuring and impairment charges. The company mentioned a key partnership with Amazon Web Services for next generation CPUs on built on Intel 3 and an "AI fabric chip" built on Intel 18A. While challenges and risks remain, I upgrade Intel to a Buy and believe this is a turning point.

"The Dow® [adds a stock] if the company has an excellent reputation,

The leading artificial intelligence (AI) chip stock gained nearly 3% in Friday's after-hours trading.

Nvidia stock will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said Friday. Intel had held the position for 25 years, and the shift represents a shake-up among the tech titans.

The change, starting next Friday, lifts a dominant player in artificial intelligence over its chip-making rival, which has struggled to keep up.