Profit is set to soar by 2030 as the foundry matures and product sales improve.Shares of chip giant Intel (INTC -1.89%) were hammered last week, after the company disclosed some information about its new reporting structure. Historically, the company allocated manufacturing costs across its various product divisions. With Intel aiming to become a leading foundry by the end of the decade, the company has broken out manufacturing into its own business unit.I won't mince words: The headline numbers look bad. I ...

A robotic arm equipped with a surveillance camera is demonstrating its quality control process to ... [+] detect imperfections at Intel's pavilion during the Mobile World Congress in Barcelona, Spain, on April 3, 2024. (Photo by Joan Cros/NurPhoto via Getty Images)NurPhoto via Getty ImagesIntel stock currently trades at $40 per share, about 42% below the levels of almost $68 seen on April 9, 2021 (pre-inflation shock high). Intel INTC saw a demand pullback post the Covid-19 lockdowns, as the remote working ...

One chipmaker is set to capitalize on the growth of two key AI-related markets, while the other is struggling to turn its business around.Shares of Qualcomm (QCOM 1.22%) and Intel (INTC -1.89%) have been heading in opposite directions this year, which may seem a bit surprising at first given that both chipmakers have been facing headwinds in their core markets and have been relying on the proliferation of artificial intelligence (AI) to turn their fortunes around.While Intel's business has been hurt in rece ...

The most recent trading session ended with Intel (INTC) standing at $37.98, reflecting a -1.89% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.04%. On the other hand, the Dow registered a loss of 0.03%, and the technology-centric Nasdaq increased by 0.03%.Coming into today, shares of the world's largest chipmaker had lost 12.02% in the past month. In that same time, the Computer and Technology sector gained 4.26%, while the S&P 500 gained 2.57%.Investors wil ...

maybefalse I have been long Intel Corporation (NASDAQ:INTC) stock for a few years, and was a bit surprised by the reaction of the stock price on the recent news where Intel broke down the losses on their foundry business. Intel announced their foundry lost $7 Billion dollars last year, and will lose more this year. While it certainly has some meaning, some of it is also how Intel uses their accounting, and it just means their other divisions are much more profitable. It is not damning for the company; w ...

The stock market has been on a massive winning streak. Not only did the indexes surge in 2023, but they are powering to new all-time highs in 2024. However, corporate earnings have failed to keep up with the move. In fact, according to Factset, corporate earnings are currently growing at only about 3.2% annually and barely increased whatsoever in 2023. As a result, valuation have gone up significantly for many of America’s leading stocks. Thus, investors should be prudent when putting capital to work in thi ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short May 2024 $47 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 op ...

Shares of the chipmaker just fell on multibillion-dollar foundry losses.Intel (INTC -2.57%) had its big coming-out party on Tuesday, but the chip stock didn't get the reception it expected.The company recast its financials to reflect that it sees its foundry as much more central to its business. However, investors were disappointed by the actual numbers, and share prices fell 8% on the news. Intel's restated financials showed that its foundry division had a $7 billion operating loss in 2023, which followed ...

Intel's big new gamble on making chips for its competitors is foundering.Shares of beleaguered semiconductor giant Intel (INTC -2.88%) tumbled for a fourth straight day on Friday, falling 2.3% through 10:15 a.m. ET as investors continue to digest the news that Intel lost $7 billion building semiconductor chips for its competitors last year. And Wall Street isn't helping matters much.Adding insult to injury, this morning, investment bank Bernstein commented that there is "no real reason to [own Intel stock] ...

Key PointsIntel's shares plunged after it reported a $7 billion operating loss in 2023 for its semiconductor manufacturing division, marking a significant downturn in its once-bullish trend.CEO Pat Gelsinger forecasts a turnaround by 2027 despite past missteps, aiming to reduce outsourcing and invest $100 billion in chip factories across the U.S.Institutional inflows into Intel remain impressive, with investments totaling $22.72 billion over the past twelve months, signaling continued confidence from sophis ...