WendyOneP
03-18

$Intel(INTC)$

Intel’s recent surge reflects improving fundamentals and AI momentum. Strong demand for AI chips and expanding foundry services could boost revenue growth. Recent cost-cutting measures and operational efficiency are enhancing profitability. Positive guidance and increased institutional buying signal renewed confidence. Government support for domestic chip production adds long-term stability. A breakout above key technical levels could pave the way for a run toward $30.

Intel Beats Sales! Above $40, Smooth Sailing Ahead?
Intel reported better-than-expected third-quarter sales, signaling that demand for its core x86 processors for PCs has recovered.Revenue: $13.65 billion versus $13.14 billion estimated EPS: 23 cents, adjusted, not comparable to analyst estimates The report is Intel’s first since the U.S. government became the company’s top shareholder in August with a 10% stake.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • wimpy
    03-19
    wimpy
    Love the insights! Exciting times ahead! [Heart]
  • breezzi
    03-19
    breezzi
    Exciting times for Intel
Leave a comment
2