Intel (NASDAQ:INTC) Shares Up 7.7% – Here’s What Happened

Intel Corporation (NASDAQ:INTC) shot up 7.7% during trading on Thursday . The stock traded as high as $111.37 and last traded at $108.80. Approximately 147,348,491 shares changed hands during mid-day trading, an increase of 26% from the average daily volume of 117,212,000 shares. The stock had previously closed at $101.05.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Potential SK hynix Ohio partnership: Reports that SK hynix is exploring a lease or joint venture at Intel’s delayed Ohio facility have raised hopes that Intel can attract an anchor customer, share construction costs and generate outside foundry volume. The talks would also connect Intel to strong AI-driven memory demand. No agreement has been finalized. Reuters report on SK hynix talks
• Positive Sentiment: Foundry timeline accelerated: CEO Lip-Bu Tan reportedly moved risk production for Intel’s 14A process forward, reinforcing expectations that the company may reach important manufacturing milestones sooner and improve customer confidence. Intel 14A production report
• Positive Sentiment: AI and semiconductor-sector momentum: Intel has reported progress in Xeon 6 and Arc Pro AI-inference performance, while the broader chip sector rebounded as oil prices and Treasury yields eased. Analysts have also raised targets, including Tigress Financial’s $145 target and recent bullish commentary around Intel’s foundry and AI prospects. Intel AI inference report
• Neutral Sentiment: Altera IPO could provide liquidity: Altera’s confidential IPO filing may help Intel monetize its remaining minority stake and support its restructuring, although the value and timing of any proceeds remain uncertain. Altera IPO report
• Negative Sentiment: Execution and valuation risks remain: SK hynix has said no arrangement is confirmed, and the type of memory, financial structure and regulatory approval are unresolved. Intel’s foundry continues to require substantial capital, while the stock’s rally has increased valuation and profit-taking risk. Investors are likely to seek a signed customer commitment before treating the Ohio project as a fundamental earnings catalyst. Analysis of Intel and SK hynix risks

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. New Street Research lifted their price objective on shares of Intel from $100.00 to $122.00 in a report on Friday, June 26th. Arete Research boosted their price objective on shares of Intel from $20.40 to $99.00 and gave the stock a “neutral” rating in a report on Wednesday, June 10th. Morgan Stanley boosted their price target on shares of Intel from $75.00 to $84.00 and gave the stock an “equal weight” rating in a research note on Friday, July 24th. Pivotal Research started coverage on Intel in a report on Tuesday, September 8th. They set a “buy” rating for the company. Finally, Cantor Fitzgerald lowered their price objective on Intel from $150.00 to $125.00 and set a “neutral” rating for the company in a research report on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, twenty-seven have given a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $108.49.

Intel Price Performance

The company has a market cap of $549.14 billion, a PE ratio of -51.60, a price-to-earnings-growth ratio of 10.37 and a beta of 2.22. The business has a 50 day moving average of $96.91 and a 200 day moving average of $91.32. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25.

Intel (NASDAQ:INTC) last posted its earnings results 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 negative net margin of 19.79% and a positive return on equity of 2.62%. The firm had revenue of $16.13 billion during the quarter, compared to analysts’ expectations of $14.43 billion. During the same period last year, the company posted ($0.10) EPS. The company’s quarterly 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. As a group, research analysts predict that Intel Corporation will post 1.04 EPS for the current year.

Insider Activity at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average cost of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the transaction, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This trade represents a 8.70% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.05% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Southern Financial Group LLC raised its stake in shares of Intel by 0.6% in the first quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after buying an additional 90 shares during the period. Harrell Investment Partners LLC increased its holdings in Intel by 0.4% in the 2nd quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock worth $3,250,000 after acquiring an additional 100 shares in the last quarter. TFR Capital LLC. raised its stake in Intel by 0.4% during the 2nd quarter. TFR Capital LLC. now owns 26,643 shares of the chip maker’s stock worth $3,720,000 after acquiring an additional 100 shares during the period. Wynn Capital LLC lifted its holdings in Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock valued at $3,793,000 after purchasing an additional 104 shares in the last quarter. Finally, Bell Investment Advisors Inc lifted its holdings in Intel by 4.3% during the second quarter. Bell Investment Advisors Inc now owns 2,895 shares of the chip maker’s stock valued at $404,000 after purchasing an additional 119 shares in the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Company Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.