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Stock impact report

Intel: More Potential Ahead With New Likely Partnerships For Contract Chipmaking Business [Seeking Alpha]

Intel Corporation (INTC) 
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Company Research Source: Seeking Alpha
Apple deal rumors (still unconfirmed) sparked a sharp move. Even if real, fundamental upside wouldn't show up until 2027, with Kuo citing 18AP PDK timing into Q1 2026. The 118% rally since early August seems to be led by sentiment. This is a compliment for the company, considering its poor growth prospects over the next 12 months. The only clear fundamental improvement I see is margins/earnings: Q3 adjusted gross margin 40% vs. 35.7% consensus, and $0.23 adjusted EPS vs. $0.01, helped by Foundry cost cuts. In my view, shares stay at momentum traders' mercy until manufacturing contracts land. If they do, INTC at 3.6x forward sales could re-rate toward 6x on flat sales. rosnita mahmud/iStock via Getty Images In my last coverage on Intel Corporation ( INTC INTC:CA ), I turned bullish with a cautious buy rating on the view that upside would come from new partnerships rather than an improvement in fundamentals. Specifically, I said: This article was written by Analyst's Di Show less Read more
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