Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Intel (INTC) , which belongs to the Zacks Semiconductor - General industry, could be a great candidate to consider.When looking at the last two reports, this world's largest chipmaker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 30.59%, on average, in the last two quarters.For the most recent quarte ...

This well-known, often-hot technology stock isn't the long-term winner most investors probably think it is.Technology outfit Intel (INTC -0.09%) isn't quite the shining star it was back when the personal computer industry was young. It's also suffered more than its fair share of research and development headaches since then.Still, this stock continues to log market-beating (even if erratic) gains. Shares are up a little over 830% since July 1994. A $5,000 investment in Intel then would be worth just a littl ...

Intel’s (NASDAQ:INTC) early July rally is starting to peter out. However, Intel stock may not be gearing up to cough back any of these latest gains. Shares in the chipmaker, which a few weeks ago hit a new 52-week low of $29.73 per share, are currently holding steady at price levels in the mid-$30s per share.With this, you may be tempted to jump into a position in the chipmaker, on the view that further promising news and rising optimism will lead to a further surge higher for INTC. Even so, jumping in toda ...

These companies have lucrative positions in tech that could see their stocks soar higher than any cryptocurrencies.The global cryptocurrency market is worth $2.4 trillion. Top performers Bitcoin and Ethereum have delivered gains of 100% and 68% over the last 12 months, as easing inflation has brought less stable investments back into fashion. However, cryptocurrencies remain a riskier play than most stocks, as they are known for their volatility and prices that can rise and fall on the whim of something as ...

Core Insights - The company is focusing on open-source software to enhance its AI hardware appeal and leverage its foundry business to meet the rising demand for AI chips [1] AI Chip Market Dynamics - Nvidia currently dominates the AI accelerator market, making it challenging for competitors to gain traction due to its superior hardware and software ecosystem [1] - Competitors like Intel and AMD are vying for the second position, with AMD projected to generate approximately $4 billion in AI chip sales this year, while Intel anticipates only $500 million from its Gaudi 3 chips [2] Intel's Strategy - Intel is optimistic about becoming the runner-up in the AI chip market, emphasizing its software initiatives and the demand for Gaudi 3 chips [3] - The company aims to achieve $1 billion in software and developer cloud subscription revenue by 2027, partly through AI services [3] Open-Source Software Initiatives - Intel is investing in open-source software to compete with Nvidia, participating in the UXL Foundation to create a software ecosystem based on its oneAPI technology [4] - The company is also contributing to OpenAI's Triton initiative, which is designed to simplify efficient code writing for GPUs [4] AMD's Software Efforts - AMD is developing its own software stack, ROCm, which is open-source but currently only supports AMD GPUs [5] Foundry Business Potential - Intel's foundry business could provide significant revenue opportunities, aiming to become the second-largest foundry by 2030, with the Intel 18A process expected to launch early next year [5][6] - The company has secured a deal with Microsoft to manufacture a custom chip using the Intel 18A process, which could be an AI accelerator or data center CPU [6] Long-Term Prospects - Despite a slow start, Intel's future AI chips and foundry revenue could lead to billions in annual revenue, enhancing its long-term prospects in the AI market [6]

The following three players are putting a focus on AI.The stock market soared in the first half of the year, with the S&P 500 confirming a bull market as it reached a record high -- but the benchmark didn't stop there. Instead, it went on to reach additional highs, and technology stocks led the way. Investors have been feeling optimistic for general reasons, such as the possibility of interest rate cuts ahead. And they've also been getting excited about growth companies, in particular those involved in a po ...

Intel (NASDAQ:INTC) has been the biggest technology disappointment of the century, so far, but it’s still the most important tech company of this decade. Some are saying now is the time to buy Intel stock.Intel’s failures over two decades came under a series of marketing executives. Its rise, if it is to happen, will be because of Pat Gelsinger. He’s a manufacturing executive who started his career at Intel but was at VMWare when he was called back in early 2020. He understands fabrication.Fabrication and I ...

Intel and Paycom are both going through painful transitions that should pay off in the long run.The stock market is a popularity contest in the short run. Right now, Intel (INTC 2.96%) and Paycom (PAYC 2.73%) are losing that contest badly. However, for long-term investors, the beat-down these two stocks have received represents a buying opportunity. Here's why these two unloved stocks belong in your portfolio.IntelIntel stock has taken a beating over the past few years. Market share losses to Advanced Micro ...

Intel (NASDAQ:INTC) is best-known as a hardware company. However, news today around its push into software sent INTC stock nearly 3% higher to close out Friday trading. According to CTO Greg Lavender, Intel could see as much as $1 billion in cumulative revenue from its software business by 2027. That would be a stark improvement, given that the company made roughly $100 million in revenue in this segment in 2021. Intel’s push into AI services, performance, and security will help it diversify its revenue in ...

Intel has a software business now -- but its stock still costs too much.Intel (INTC 4.19%) stock gained 2.5% through 10 a.m. ET Friday on positive comments about the computer hardware titan's progress building a computer software business.As Reuters reports, Intel chief technology officer Greg Lavender painted a positive picture of Intel's software prospects, saying the company is on course for $1 billion in software sales through 2027.Reading between the lines at IntelReuters described the figure as "cumul ...