Intel (NASDAQ:INTC) Shares Up 1.7% – Here’s What Happened

Intel Corporation (NASDAQ:INTC) shares were up 1.7% on Wednesday . The company traded as high as $106.69 and last traded at $106.24. 95,741,287 shares traded hands during trading, a decline of 19% from the average session volume of 117,751,773 shares. The stock had previously closed at $104.47.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: High-NA EUV milestone strengthens foundry credibility. Intel Foundry and ASML confirmed that Intel has processed more than one million wafers using High Numerical Aperture EUV equipment. The technology is being applied to selected layers of Intel’s 18A process and upcoming Panther Lake chips, suggesting meaningful progress in yields and production readiness. Intel Foundry and ASML Collaborate to Accelerate Industry Readiness for High NA EUV
• Positive Sentiment: CPU price increases could improve margins. Reports indicate Intel has confirmed a 10% increase in enterprise CPU prices, with further PC processor increases potentially coming in October. In a supply-constrained data-center market, higher average selling prices could convert into stronger operating leverage and help offset elevated manufacturing costs. Intel’s stock is rising as the company looks primed to boost prices even more
• Positive Sentiment: Analyst and strategic-industry support is lifting sentiment. Northland Securities upgraded Intel to Outperform, citing potential AI-supply-chain growth and possible foundry scale from future customer relationships. Separate reports said Nvidia disclosed a substantial Intel position, adding to market confidence in Intel’s strategic importance. Wall Street analyst upgrades Intel stock price target
• Neutral Sentiment: Strong recent results provide support, but execution remains crucial. Intel’s latest quarter exceeded earnings and revenue expectations, with revenue up 25.2% year over year. Investors now need evidence that Panther Lake yields, enterprise shipments and foundry customer adoption can turn the manufacturing advances into durable profits.
• Negative Sentiment: Valuation, dilution and competitive risks remain. Intel has rallied sharply over the past year, while analysts have raised concerns about its elevated valuation and the potential impact of recent capital raising. AMD has also reaffirmed its relationship with TSMC, underscoring that Intel has not yet secured a broad, durable shift in customer sourcing toward its foundry business. AMD reaffirms TSMC ties amid Intel foundry buzz

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on INTC. Roth Capital boosted their price target on Intel from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, July 24th. JPMorgan Chase & Co. lifted their target price on Intel from $45.00 to $85.00 and gave the company an “underweight” rating in a research report on Friday, July 24th. Pivotal Research assumed coverage on Intel in a research note on Tuesday. They set a “buy” rating on the stock. Wall Street Zen downgraded Intel from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Morgan Stanley increased their target price on shares of Intel from $75.00 to $84.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, twenty-eight have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $107.74.

Intel Stock Up 1.7%

The company has a 50-day moving average of $99.03 and a 200-day moving average of $88.96. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $535.87 billion, a price-to-earnings ratio of -50.35, a price-to-earnings-growth ratio of 10.58 and a beta of 2.22.

Intel (NASDAQ:INTC) last issued its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. The business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The company’s revenue was up 25.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts predict that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Insider Transactions at Intel

In other news, CEO Lip Bu Tan bought 105,263 shares of Intel stock in a transaction that occurred on Tuesday, August 11th. The stock was bought at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the purchase, the chief executive officer directly owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. The trade was a 8.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.05% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. iA Global Asset Management Inc. lifted its position in Intel by 17.0% in the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker’s stock valued at $21,883,000 after purchasing an additional 86,189 shares during the period. Whalerock Point Partners LLC acquired a new position in Intel during the 4th quarter worth approximately $205,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in shares of Intel during the 4th quarter worth approximately $185,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Intel by 5.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after buying an additional 13,858 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in shares of Intel by 1.3% in the 4th quarter. Legal & General Group Plc now owns 34,012,894 shares of the chip maker’s stock valued at $1,255,076,000 after buying an additional 423,481 shares during the period. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Company Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.