Intel (NASDAQ:INTC) Shares Up 10.8% – Here’s What Happened

Shares of Intel Corporation (NASDAQ:INTC) were up 10.8% on Tuesday . The company traded as high as $101.39 and last traded at $100.86. Approximately 118,183,351 shares traded hands during trading, a decline of 2% from the average session volume of 121,177,438 shares. The stock had previously closed at $91.00.

Trending Headlines about Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel’s turnaround narrative continues to attract investor attention. Recent coverage highlighted the company’s strongest revenue growth in more than 15 years, improving profitability, stronger manufacturing yields, narrowing foundry losses and progress toward higher-volume production of its 18A process. Intel’s Turnaround Entered A New Phase
• Positive Sentiment: SoftBank’s quarterly results provided an indirect bullish signal for Intel after an approximately $8.2 billion gain on its Intel investment helped the Japanese technology investor exceed profit expectations. The gain underscores the substantial appreciation in Intel’s shares and continued interest in its AI and semiconductor positioning. SoftBank earnings exceed expectations
• Positive Sentiment: Intel joined the OCUDU Ecosystem Foundation, a move that could improve its participation in open hardware and software initiatives, although the financial impact is likely to be longer term. Intel joins OCUDU ecosystem
• Neutral Sentiment: Investor commentary remains divided after Intel’s strong quarterly performance. Expectations for AI-related CPU demand, packaging and external foundry customers have risen sharply, but analysts continue to focus on execution, capital requirements and the company’s ability to prove it can compete with Taiwan Semiconductor Manufacturing.
• Negative Sentiment: Reports of a new CPU-level attack are weighing on sentiment. Intel has extensive experience responding to processor vulnerabilities, but another hardware-level security issue could increase remediation costs, affect customer confidence and reinforce concerns about product reliability. Intel stock slips amid reports of new CPU-level attack
• Negative Sentiment: Daiwa Securities Group downgraded Intel from “strong buy” to “hold,” adding to caution after the stock’s sharp multi-month rally and elevated investor expectations. Semiconductor rally and Intel analyst update

Analysts Set New Price Targets

Several research firms recently issued reports on INTC. Daiwa Securities Group cut Intel from a “strong-buy” rating to a “hold” rating in a report on Tuesday. UBS Group set a $115.00 price target on shares of Intel in a research report on Thursday, July 16th. Benchmark increased their price objective on shares of Intel from $105.00 to $140.00 and gave the company a “buy” rating in a report on Monday, May 18th. Cantor Fitzgerald dropped their target price on shares of Intel from $150.00 to $125.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. Finally, KeyCorp set a $125.00 price target on Intel in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-two have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Intel presently has a consensus rating of “Hold” and an average price target of $107.93.

Intel Stock Down 1.2%

The company has a market cap of $503.44 billion, a price-to-earnings ratio of -47.30 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm’s fifty day moving average price is $111.69 and its 200-day moving average price is $81.00.

Intel (NASDAQ:INTC) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The business had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. During the same quarter last year, the business posted ($0.10) EPS. The firm’s revenue was up 25.2% compared to the same quarter last year. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts predict that Intel Corporation will post 1.01 earnings per share for the current year.

Hedge Funds Weigh In On Intel

Institutional investors and hedge funds have recently modified their holdings of the business. iA Global Asset Management Inc. boosted its holdings in shares of Intel by 17.0% in the 4th quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares in the last quarter. Whalerock Point Partners LLC acquired a new stake in Intel in the fourth quarter valued at about $205,000. Heritage Investment Group Inc. bought a new position in Intel in the fourth quarter valued at about $219,000. Dixon Mitchell Investment Counsel Inc. acquired a new position in Intel during the fourth quarter worth about $185,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Intel by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after acquiring an additional 13,858 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.