Intel sold its NAND memory business to SK hynix for $9 billion in 2021 to focus on CPUs and foundry services. However, the AI boom has transformed memory into a critical and scarce resource, especially high-bandwidth memory (HBM), essential for AI infrastructure. This shift means Intel must now compete for memory supply rather than produce it, potentially limiting its growth despite its recent turnaround and government support. The sale was rational at the time but now poses a strategic challenge as memory shortages benefit competitors like SK hynix and Samsung.
Mizuho Securities raised Intel's price target from $128 to $135, citing advanced packaging technologies and a new partnership with Apple to design chips in the U.S. This reflects a modest upside from the current price. Meanwhile, Bernstein set a bear...
Intel's stock has risen sharply, gaining over 263% this year, driven by reports that Apple might become a foundry customer. This has boosted hopes for Intel's revival in U.S. semiconductor manufacturing. However, some analysts warn the rally may be e...
As Big Tech stocks show signs of fatigue, Wall Street technician Katie Stockton highlights financials, industrials, and biotech sectors as potential new leaders based on technical breakouts. She recommends ETFs XLF (financials), XLI (industrials), an...
Tech growth companies typically reinvest earnings to stay competitive, leaving little for dividends. Intel's example shows how underinvestment led to dividend cuts and suspension after losing market leadership. While most tech growth stocks offer low...
D.A. Davidson's Gil Luria highlights a valuation conflict in the chip sector: Intel's stock price suggests the AI cycle will last until 2028-2030, while Micron and NVIDIA's valuations imply the AI cycle is nearing its peak. Intel's turnaround story c...
