Core Viewpoint - Intel's recent Q3 results and guidance for Q4 suggest a potential turnaround, despite challenges in the semiconductor market, particularly in the AI sector, indicating optimism for 2025 [1][2]. Group 1: Q3 Results and Guidance - Intel reported Q3 revenue of $3.3 billion, a 6% decline year-over-year, but above analyst expectations of $3.0 billion, and an increase from $12.9 billion in Q2 [4]. - Adjusted earnings per share (EPS) were $0.17, significantly better than the anticipated loss of $0.03 per share [4]. - Q4 revenue guidance is projected between $13.3 billion and $14.3 billion, with positive adjusted EPS of $0.12, exceeding estimates [5]. Group 2: Product Performance and Profitability - Intel's newer products, particularly the Lunar Lake chip for notebooks, have shown success, with notebook sales increasing by 9.1% quarter-over-quarter [7][8]. - The operating profit for the Client segment rose by 9% despite a slight revenue decline, indicating improved profitability from newer technologies [8]. - The data center business saw a 9.9% increase in revenue and a 25.7% rise in operating profit compared to Q2, driven by new Xeon 6 server products [9]. Group 3: Future Prospects and Technology Development - Intel's 18A node is on track for mass production in mid-2025, with Amazon as a customer for custom Xeon processors [10][11]. - The company is reportedly making significant progress in next-generation technologies, which could position it favorably against competitors like TSMC [11][12]. - Despite some setbacks, such as lower-than-expected uptake of Gaudi 3 accelerator chips, the overall outlook remains positive with technology and profit improvements being key highlights [13][14].

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Last Thursday afternoon, we received third quarter results from Intel (NASDAQ: INTC ). The chipmaker has been one of the most disappointing names in recent years, failing to fully capitalize on tremendous growth in its space, sending shares crashing downI am a market enthusiast and part-time trader. I started writing for Seeking Alpha in 2011, and it has been a tremendous opportunity and learning experience. I have been interested in the markets since elementary school, and hope to pursue a career in the in ...

The veteran chip stock is losing its membership in the Dow.Shares of Intel (INTC -4.25%) were falling today in response to news after hours on Friday that it would be removed from the Dow Jones Industrial Average and replaced by rival Nvidia.The news was anticipated after Nvidia split its stock in June, but it nonetheless marks the end of an era for Intel, which has been part of the Dow for 25 years.As of 11:16 a.m. ET, shares of Intel were down 3.2% on the news. Intel's retreat continuesIntel's removal fro ...

JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

Investors have been discouraged from purchasing Intel stock because of its poor performance in recent years.Intel (INTC -4.14%) is making progress across its strategic initiatives, but it will take time for all the company's investments to bear fruit.*Stock prices used were the afternoon prices of Nov. 1, 2024. The video was published on Nov. 3, 2024. ...

Intel TodayINTCIntel$22.62 -0.58 (-2.50%) 52-Week Range$18.51▼$51.28Dividend Yield2.21%Price Target$30.12Add to WatchlistIntel Corp NASDAQ: INTC has endured a tough year, with its stock losing as much as nearly 65% due to red-hot competition and declining earnings. However, in recent weeks, the stock has been consolidating and has even started to show signs of rally potential.  Santa Clara-based Intel, a semiconductor giant valued at around $100 billion, has struggled against rivals like NVIDIA Corp NASDAQ: ...

Nvidia is set to replace Intel in the Dow Jones Industrial Average.In this video, I will be talking about the recent updates regarding Intel (INTC 7.81%) and explain why I remain bullish despite Nvidia replacing Intel in the Dow Jones Industrial Average. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 1, 2024. The video was published on Nov. 3, 2024. ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Intel's (NASDAQ: INTC ) shares surged 8% after the chipmaker submitted its earnings scorecard for the third fiscal quarter on October 31, 2024. Intel missed EPS estimates due to a painful restructuring that was announced in the previous quarter. Intel reported a loss of $16.6B inAnalyst’s Disclosure: I/we have a beneficial long position in the shares of INTC, NVDA, AMD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not recei ...