Intel CEO Patrick Gelsinger Alex Wong/Getty Images News Performance Assessment As familiar readers would know, I always start my follow-up updates with a performance assessment. Sometimes, I get things very wrong. But that is not the case here with Intel (NASDAQ:INTC). My 'Sell' view has played out rather well, generating an active return of +30.92% so far vs the S&P500 (SPY) (SPX): Performance since Author's Last Article on Intel (Seeking Alpha, Author's Last Article on Intel) Thesis after Q2 FY24 Int ...

FinkAvenueInvestment Thesis I wanted to take some time to digest the most recent Intel (NASDAQ:INTC) quarter. To put it plainly, it was a poor performance that frankly took me by surprise. I’ve unfortunately now soured on the stock, down from a strong buy to a hold. Q2 results showed the chipmaker’s revenue falling short of expectations by $147.82 million, coming in at $12.83 billion. Adjusted EPS of $0.02 missed by $0.08. With this, Intel suspended its dividend to help preserve liquidity. The dividend ...

If the company's turnaround is successful, Intel's stock could possess a lot of upside.Intel (INTC -3.81%) was already having a rough year before it reported earnings last week. When those numbers came out, the stock's free fall went even deeper. Now, shares of the tech company are down more than 60% since the start of the year.The stock hasn't traded at such low levels in more than a decade, and it's coming off its worst day on the market in 50 years. While there's plenty of risk with the stock, has it bec ...

wellesenterprises 2024 Q2 Earnings Takeaway: Another Restructuring Intel Corporation (NASDAQ:INTC) reported disappointing FY2024 Q2 results. While revenue is within their guidance, the gross margin and the disappointing Q3 outlook led to a nearly 26% plunge in the stock price. Intel Investor Presentation - 2024 Q2Intel Investor Presentation - 2024 Q3 Guidance While I expected them to have a bad financial performance since this is the most expensive year, as they start scaling their EUV nodes and outsource s ...

These companies are better valued than Intel and could go far in the coming years.Intel's (INTC -3.81%) stock has been battered and beaten this month, and August has only just begun. The company's share price has plunged 34% since July 30 amid a sell-off affecting countless stocks. Growing fears of a recession and dismal earnings from Intel sent investors into a panic.While I firmly believe in holding through a market dip rather than selling a tech stock like Intel, it doesn't necessarily mean now is the ti ...

These companies have invested billions in AI and could be attractive buys after a sell-off.Tech stocks have taken a deep dive, with the Nasdaq-100 Technology Sector down 10% in just five days. Fears of a recession triggered a major sell-off, with seven of the most valuable tech companies losing a combined $1 trillion in market value on Aug. 5.As a result, now is an excellent time to bulk up your portfolio with companies active in lucrative fields like artificial intelligence (AI). Despite the market downtur ...

Comprised of the 503 largest U.S. companies based on market capitalization, the S&P 500 continues to be the yard stick by which most professional investors and traders measure their returns and performance. Year-to-date, the index is up a healthy 11%.However, the S&P 500 index had been doing a lot better this year before it ran into some turbulence in July, which has spilled over into August. A rotation from technology stocks into value and small-cap names, coupled with fears of a U.S. recession, have pulle ...

Core Viewpoint - Intel's stock has significantly declined, with a 42% drop over the last month and a 61% decrease year-to-date, raising concerns about the company's stability and future prospects [1][2]. Group 1: Stock Performance - Intel's share price fell by 3.8% in a recent trading session, contributing to a total decline of 42% over the past month [1]. - The stock is now at a decade-long low, reflecting a broader loss of investor confidence [3]. Group 2: Company Announcements - Intel confirmed the postponement of its Intel Innovation conference until 2025, shifting focus to smaller, targeted events [2]. - The company is undergoing a significant restructuring, which includes laying off approximately 15% of its global workforce as part of cost-cutting measures [2]. Group 3: Market Position and Future Outlook - Recent announcements have dampened investor expectations regarding Intel's ability to capitalize on the growing demand for AI-focused products [3]. - Management's guidance indicates that demand for AI-focused PCs is not expected to drive earnings positively this year, and the contract-fabrication business is further from profitability than anticipated [3].

Although down slightly in the pre-market, Intel (NASDAQ:INTC) stock rose yesterday following a much-needed insider buy. The company’s shares are currently trading at prices last seen in late 2012 following a disappointing earnings report.On Aug. 5, CEO Pat Gelsinger purchased 12,500 shares of INTC stock at average per share prices ranging between $19.91 and $20.31. In total, the transaction was worth $251,946 and brought Gelsinger’s stake to 631,307 shares.At the same time, Gelsinger’s insider purchases of ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Intel and recommends the following options: long January 2025 $45 calls on Intel and short August 2024 $35 calls on Intel. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffecte ...