Intel Corp (INTC)

[winston]

not vested

Intel Crashed 30%. Is the Stock a Sell or a Bad-News Buy?

by Adria Cimino

In the earnings report, Intel fell short of analysts' expectations, predicted a weak period ahead, and announced a $10 billion cost-cutting plan that includes major job cuts.

In the second-quarter report, Intel reported a 1% decline in revenue to $12.8 billion and adjusted earnings per share of $0.02.

It's clear the next couple of years could represent a pretty bumpy road for Intel as it reorganizes its cost structure, ramps up spending in certain areas and manages the impact of that on earnings, and attempts to meet its goals.

Intel maintains its forecast for the foundry business to break even in 2027.

Source: The Motley Fool

https://finance.yahoo.com/news/intel-cr ... 00373.html

[winston]

not vested

Intel has lost Wall Street’s patience as headwinds keep mounting

Intel “has a lot of competition, a lack of relevant products, and the turnaround is expensive and slow. The valuation isn’t a bargain, and with increasingly heightened concerns over the state of the economy, it’s too soon to say the worst is over.

Intel now trades near 26 times estimated earnings, well above its 10-year average.

“When you have concerns about margins and market share on top of a dividend being cut, even a drop near 30 per cent doesn’t look like an overreaction.”

Source: Business Times

https://www.businesstimes.com.sg/compan ... p-mounting

[behappyalways]

Intel Mulls Foundry Split & Other Options Amid Stock Collapse
https://www.zerohedge.com/markets/intel ... e_vignette

[behappyalways]

Intel is trying to turn itself around.
Kissinger plays the role of a salesman for its own AIPC processor! But wants to catch up with TSMC?
Cheng Zhenghua responded with this and slapped him in the face

英特爾拚翻身 基辛格親扮自家AIPC處理器推銷員! 但想追上台積電? 程正樺"這樣回應"打臉｜非凡財經新聞｜20240830

https://m.youtube.com/watch?v=uYfsyGdTswA

[behappyalways]

Worst Finally Over? Intel To Move Forward With Assessing Strategic Transactions This Month
https://www.zerohedge.com/markets/worst ... ions-month

[behappyalways]

Is Intel defeated by TSMC?
The US semiconductor giant may be delisted from Dow Jones after it collapses!

英特爾被台積電擊垮？美國半導體巨人倒下恐被道瓊除名！【#風向龍鳳配】

https://m.youtube.com/watch?v=1qvIK_y4p5M

[behappyalways]

"Next Phase Of Transformation": Intel Jumps After CEO Reveals New Deal With Amazon, EU Plant Delays, Workforce Reductions
https://www.zerohedge.com/markets/intel ... l-pentagon

[behappyalways]

Intel Shares Soar On Report Of Qualcomm Takeover Interest
https://www.zerohedge.com/markets/intel ... e_vignette

[winston]

not vested

Intel gains on report that Qualcomm made takeover approach

By Ian King

Multibillion-dollar deal with Amazon.com Inc to make a custom AI semiconductor and a plan to turn Intel’s ailing manufacturing business into a wholly owned subsidiary.

Source: Bloomberg

https://theedgemalaysia.com/node/727510

[behappyalways]

Wagons Circling Intel As Apollo Reportedly Offers Multibillion-Dollar Investment
https://www.zerohedge.com/markets/wagon ... investment

Intel has 15 fabs; the fabs alone are worth $10bn/each in liquidation value.
https://x.com/zerohedge/status/1819369464527237513