Intel (NASDAQ:INTC) stock represents the most essential company in America, but it hasn’t been a great investment. INTC stock is down 14% in 2024, down 9% over the last two years, down 20% over the last five. I’m still losing money on my own Intel investment. Does that mean it’s time to give up on the weak man of the semi space?No.A Closer Look at INTC StockIntel still matters to the rest of the tech space.The U.S. government will announce up to $10 billion in grants next week. It’s backing Intel’s work in ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: US President Joe Biden speaks at the Intel Ocotillo Campus in Chandler, Arizona. US President Joe Biden unveiled almost $20 billion in grants and loans Wednesday for Intel's domestic chip-making plants—his administration's biggest investment yet in the sector as he takes on China's chip dominance and sells his economic achieveme ...

The Biden administration on Wednesday said it is awarding Intel nearly $20 billion in grants and loans as part of the CHIPS Act, supercharging the company’s domestic semiconductor output and marking the government’s largest outlay to subsidize leading-edge chip production.President Joe Biden will announce the preliminary agreement for $8.5 billion in grants and up to $11 billion in loans for Intel in Arizona, where some of the funding will be used to build two new factories and modernize an existing one.Com ...

Intel Corp (NASDAQ: INTC) “hopes to be manufacturing the most advanced AI chips” in 2025, says Patrick Gelsinger – chief executive of the semiconductor giant.Highlights of Intel CEO interview with CNBCCopy link to sectionGelsinger made that comment in an interview with CNBC after receiving up to $8.5 billion grant under the Chips and Science Act on Wednesday. $INTC could receive another $11 billion in loan from the White House to set up fab manufacturing facilities in the United States as well. According to ...

Investment Rating - The report assigns an "Accumulate" rating to the company for the first time [2][3]. Core Views - The company is a leading player in the CPU market and has expanded into FPGA, autonomous driving, and AI chips through acquisitions. However, it faces significant competition from AMD, leading to pressure on revenue growth and gross margins [2][9]. - The company is undergoing a strategic shift by divesting non-core businesses and refocusing on its main operations, which is expected to improve financial performance [2][9]. - The company aims to enhance its CPU design and manufacturing processes to catch up with AMD, with a target gross margin increase to 60% in the long term [2][9]. Summary by Sections 1. Business Restructuring and Focus on Core Operations - The company is divesting non-core businesses and plans to spin off its FPGA business, while focusing on its CPU and foundry operations to improve competitiveness and profitability [2][9]. - The company is reinitiating its "Tick-Tock" strategy to enhance product performance through iterative design and manufacturing improvements [2][9]. - Cost-saving measures are showing initial results, with independent accounting for production and design expected to further enhance profitability [2][9]. 2. PC CPU Growth Potential - The company’s PC CPU segment is expected to recover, benefiting from a market rebound and improved product offerings [2][9]. - The transition to external foundry services, particularly with TSMC, is anticipated to significantly reduce production costs and enhance profitability [2][9]. 3. Diverse Growth Opportunities - The company’s foundry services are advancing, with plans to catch up to TSMC's process technology, which could create a new growth avenue [2][9]. - The data center and autonomous driving segments are also expected to contribute positively to revenue growth in the future [2][9]. 4. Financial Forecast and Valuation - The company is projected to achieve net profits of $3.46 billion, $4.35 billion, and $5.01 billion for the years 2024 to 2026, respectively [2][5]. - The target price is set at $58.53, based on a 2.3x price-to-book ratio for 2024 [2][5].

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

As artificial intelligence takes the forefront across industries, robotics emerges as a cost-effective and efficient solution for production. This has led to a remarkable increase in valuations for semiconductor companies, with Nvidia (NASDAQ: NVDA) and SuperMicro (NASDAQ: SMCI) serving as prime examples. However, among these, there’s a sleeping giant—Intel (NASDAQ: INTC)—which once dominated the industry and now may be on the verge of a resurgence.#NVIDIA’s market cap has massively outpaced Intel. An odd c ...

Intel Corp (NASDAQ:INTC) was last seen up 1% at $42.45, following news it will receive $8.5 billion in government funding for high-end chip manufacturing, in addition to $11 billion in loans. The company plans to spend $100 billion in Arizona, New Mexico, Ohio, and Oregon to build and expand factories, and expects to get another $25 billion in tax breaks.The shares have struggled with overhead pressure at the $47 region since a late-January pullback, though long-term support from the 140-day moving average ...

KEY TAKEAWAYSThe U.S. government awarded Intel up to $8.5 billion in CHIPS Act funding to expand domestic chip production facilities.Intel could also be eligible for an additional $11 billion in loans.This funding will support the construction and expansion of Intel facilities in Arizona, Ohio, New Mexico, and Oregon, creating nearly 30,000 jobs. Intel Corp. (INTC) shares rose about 2.5% in premarket trading Wednesday after the White House announced that the chipmaker has been awarded up to $8.5 billion in ...

After a long period of uncertainty, semiconductor giant Intel (INTC -1.54%) finally has some clarity on the amount of funding it will receive from the U.S. government to help fuel its expansion plans. Intel is set to invest more than $100 billion in the U.S. over five years in a bid to retake manufacturing leadership and grow into the world's second-largest foundry.The CHIPS and Science Act, which was signed into law in August 2022, set aside tens of billions of dollars for subsidies to revitalize and stren ...