Mrzorro
04-27

Intel Set to Extend Record-Breaking Rally, Undeterred by Short Sellers


$Intel(INTC)$   looks set to extend its record-breaking rally Monday with bulls were undeterred by short sellers who piled in to challenge the semiconductor company's blowout post-earnings surge.

Trading in borrowed shares shares that were sold short jumped to 33.51 million shares Friday, the biggest among stocks with a market capital of more than $5 billion. The jump in bearish bets came after Intel reported first-quarter results that crushed expectations, sending shares up 23.60% to a closing record high of $82.54 Friday. 

Trading in borrowed Intel shares that were sold short accounted for 11.91% of the 281.41 million shares that changed hands that day, according to data tracked. Short volume matters to regular investors because heavy shorting into a rally shows skepticism about the move, but it can also set up a short squeeze if buyers keep control. A short squeeze is when short sellers rush to buy back shares to limit losses, pushing prices higher.

The initial catalyst was Intel's financial results. The chip maker reported a 7.2% jump in revenue for the first quarter to $13.58 billion, surpassing Bloomberg consensus that called for $12.36 billion. That was the biggest positive surprise from Intel in more than five years. For the current quarter ending in June, revenue was forecast to reach between $13.8 billion to $14.8 billion. Even the low end of that range was higher than the average estimate of $13.04 billion.

CEO Lip-Bu Tan said last week that the next wave of AI could significantly increase the need for Intel's CPUs and wafer and advanced packaging offerings.

On Monday, TF International Securities analyst posted on x.com that OpenAi is working with Qualcomm and MediaTek to develop smartphone processors for mass production beginning in 2028. That provided an added tailwind for the rest of the semiconductor stocks, reaffirming strong demand for chips. 



@TigerStars  @CaptainTiger  @TigerWire  @Daily_Discussion  @Tiger_chat  @Tiger_comments  @MillionaireTiger  

Intel Surges 20% Post-Earnings — Is the CPU Making a Major Comeback?
Intel's quarterly results significantly exceeded expectations, with earnings power far surpassing consensus estimates and delivering the strongest profitability metrics in five years. The standout was not merely the top-line beat, but earnings quality — signaling that Intel is not only selling more, but that product competitiveness is visibly recovering. CPU scarcity appears to be the key driver. Can Intel sustain this momentum toward $100 this year, and with CPUs back in focus, which other stocks stand to benefit?
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

  • zippyloo
    04-28
    zippyloo
    Impressive earnings beat, but short interest rising makes me cautious.
Leave a comment
1
5