Intel stock bounced sharply from a key support level near $98, completing a 38.2% Fibonacci retracement and testing the lower boundary of a falling channel. This rebound suggests the recent correction may be ending, supported by strong prior gains and positive earnings. If $98 support fails, the next key support lies near the rising 50-day moving average around $90, which could attract buyers again. Investors should watch for resistance at the channel's upper boundary as Intel tests its next move.
The Nasdaq experienced its worst sell-off since Liberation Day, with chip stocks losing over $1 trillion in value. Despite this, some analysts view the drop as an overreaction, noting that AI-driven chip demand supports long-term profits. However, ce...
Intel has surged 168.75% year-to-date, fueled by a $5 billion NVIDIA investment and government support, but faces challenges with a $3.87 billion free cash flow loss and a 123x forward P/E ratio. Its Foundry segment alone lost $2.5 billion recently, ...
Intel's stock jumped after reports that Google and Nvidia are considering Intel as a backup manufacturer for advanced AI chips, with Google reportedly ordering over 3 million Tensor Processing Units for 2028. Nvidia is also testing Intel's technology...
Traders are showing bearish sentiment on the VanEck Semiconductor ETF (SMH) with put volume more than doubling calls, especially on puts betting on a 7% drop by August 21. Despite this, some chipmakers like Marvell Technology and Intel are seeing str...
Intel's stock surged 13% after a report revealed that Google and Nvidia are considering Intel as a backup manufacturer for their chips. Alphabet may have Intel produce over 3 million tensor processing units starting in 2028. This potential partnershi...
