Intel (INTC) Soars 10.8%: Is Further Upside Left in the Stock?
IntelIntel(US:INTC) ZACKS·2026-01-12 13:50

Group 1: Stock Performance - Intel shares increased by 10.8% to close at $45.55, with trading volume significantly higher than usual [1] - The stock has gained 4.1% over the past four weeks [1] Group 2: Product Development - Intel is experiencing strong demand for AI PCs, with the upcoming Intel Core Ultra series 3 processor (Panther Lake) and Xeon 6+ (Clearwater Forest) set to launch in Q3 2025 [2] - Both products will be manufactured in a new factory in Chandler, AZ, utilizing Intel's most advanced semiconductor process, 18A [2] Group 3: Product Features - Panther Lake is designed for a wide range of consumer and commercial AI PCs, gaming devices, and edge solutions [3] - Clearwater Forest is an E-core server processor aimed at helping businesses scale workloads and reduce energy costs, with a launch planned for the first half of 2026 [3] Group 4: Financial Expectations - Intel is expected to report quarterly earnings of $0.08 per share, reflecting a year-over-year decline of 38.5%, with revenues projected at $13.38 billion, down 6.2% from the previous year [4] - The consensus EPS estimate for Intel has remained unchanged over the last 30 days, indicating a potential lack of upward momentum in stock price without earnings estimate revisions [5] Group 5: Industry Context - Intel holds a Zacks Rank of 3 (Hold) within the Semiconductor - General industry [6] - Amtech Systems, another company in the same industry, saw a 6.7% increase in stock price, closing at $13.92, with a monthly return of 18.7% [6]