Intel Corporation is experiencing a significant turnaround as its Intel Foundry Services (IFS) secures a key partnership with Tesla for advanced AI chip production. This development is part of growing momentum, with potential customers like Amazon and Alphabet showing interest, supported by advanced packaging technologies and rising demand for custom silicon. Analyst Michael Del Monte reiterates a Strong Buy rating on Intel stock with a $93 target, forecasting IFS to become profitable by fiscal year 2028 and free cash flow positive by fiscal year 2027. This signals optimism for Intel's future growth and profitability driven by its foundry business expansion.
AI remains a major market driver with significant infrastructure investments expected through 2028. Investors can gain diversified exposure to AI growth via ETFs like Vanguard Information Technology (VGT), VanEck Semiconductor (SMH), and Global X Art...
The global Edge AI software market is projected to grow from $2.40 billion in 2025 to $8.89 billion by 2031, at a CAGR of 24.4%. This growth is fueled by rising demand for real-time AI decision-making, localized data processing, and intelligent edge ...
Mad Money host Jim Cramer declared Intel as his favorite stock, citing its strong position in the AI infrastructure boom and its role as the third-largest customer of semiconductor maker ASML. He believes Intel's CEO is steering the company to be a k...
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
