Intel is soaring
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Intel reported a big first quarter of revenue led by fresh AI demand for its CPUs. The company also delivered a big forecast for the current quarter.
Intel’s turnaround finally showed up in revenue, margins, earnings, guidance, and DCAI momentum. Learn why INTC stock is a hold.
Live Updates Intel Shares Surge 45% From Recent Buy Recommendation 3 minutes ago Live 24/7 Wall St. manages a full portfolio of AI stocks that you can follow along with for free. Here’s the full track record of recommendations we’ve made: 24/7 Wall St AI Investor Portfolio As you can see – across the past couple
The semiconductor giant's latest report suggests it may have found a more credible lane in artificial intelligence.
Intel Corp. has been one of the hottest stocks in the market over the past 12 months, soaring 230% to the highest price since the dot-com bubble. But the rally is facing a potential roadblock in the company’s first-quarter earnings report due after the close Thursday.
Something rare happened on Intel (NASDAQ:INTC)’s earnings call. CEO Lip-Bu Tan effectively told investors that Elon Musk will teach Intel more about running a chip business than Intel will teach Musk.
Semiconductor stocks are powering the U.S. equity market to records and traders are predicting that means a big swing in shares of Intel after earnings tonight.
For the current quarter ending in June, Intel expects its per-share earnings to be 20 cents. The company said it expects revenue in the range of $13.8 billion to $14.8 billion for the fiscal second quarter.
Intel and Texas Instruments delivered first-quarter earnings that exceeded Wall Street expectations, sparking a broad rally in semiconductor stocks. Intel surged over 27% in premarket trading after its sixth straight quarter of beating estimates, while ...