$Intel(INTC)$ time to raise !

RT2022

2023-09-05

$Intel(INTC)$ time to raise ! Good job Intel.

The chipmaker actually had two pieces of good news for investors yesterday.

Part of the reason for Intel's mini price rally is its new guidance on earnings, which CEO Pat Gelsinger announced at the 2023 DB Tech Conference yesterday. With the third quarter underway, Intel believes it is already above the midpoint of its guidance for third-quarter earnings, and therefore on track to beat analyst forecasts for a profit of $0.21 per share.

Intel's really big news yesterday was that it had received prepayment from "a large unnamed customer" that wanted to secure capacity at Intel's foundry for producing specialized semiconductors. This demonstrates the viability of the company's foundry plans, the bank said, and the potential success in growing revenue from manufacturing chips for other semiconductor design companies.

This is why i like intel, cheap stock Compare to other chip companies.

DYODD

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Comments

fizzik
2023-09-06
fizzik
Intel still cannot compete with TSMC in fab. Chip design is better at ARM & Nvidia. A company with no dividend, no technology, .....
cheeryx
2023-09-06
cheeryx
Anyhow, we will wait and shall see as Intel doesn’t have any credibility left in the semiconductor industry.
mizzle
2023-09-06
mizzle
Buy it before skyrocketing, all semiconductor companies over valued while its under value but has huge potential
snixxx
2023-09-06
snixxx
INTEL hits new year high today... without over bought condition...That is very good...
jingli
2023-09-06
jingli
INTEL at its resistance area .Gives a nice opportunity for Call writers .

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This demonstrates the viability of the company's foundry plans, the bank said, and the potential success in growing revenue from manufacturing chips for other semiconductor design companies.\nThis is why i like intel, cheap stock Compare to other chip companies.\nDYODD\n<img src=\"https://community-static.tradeup.com/news/bd7d7d1f5a1c1fbccd8b37400b2933c9\" tg-width=\"828\" tg-height=\"1224\"></body></html>","text":"$Intel(INTC)$ time to raise ! Good job Intel. The chipmaker actually had two pieces of good news for investors yesterday. Part of the reason for Intel's mini price rally is its new guidance on earnings, which CEO Pat Gelsinger announced at the 2023 DB Tech Conference yesterday. With the third quarter underway, Intel believes it is already above the midpoint of its guidance for third-quarter earnings, and therefore on track to beat analyst forecasts for a profit of $0.21 per share. 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