Intel Corporation $INTC is QSM Asset Management Ltd’s 2nd Largest Position

QSM Asset Management Ltd lessened its holdings in shares of Intel Corporation (NASDAQ:INTC) by 8.4% during the third quarter, HoldingsChannel reports. The firm owned 363,254 shares of the chip maker’s stock after selling 33,398 shares during the quarter. Intel accounts for approximately 8.7% of QSM Asset Management Ltd’s investment portfolio, making the stock its 2nd largest holding. QSM Asset Management Ltd’s holdings in Intel were worth $12,178,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in INTC. Investors Research Corp increased its stake in Intel by 0.7% in the third quarter. Investors Research Corp now owns 40,597 shares of the chip maker’s stock valued at $1,362,000 after purchasing an additional 300 shares during the last quarter. Sunflower Bank N.A. increased its stake in shares of Intel by 1.3% during the 3rd quarter. Sunflower Bank N.A. now owns 25,252 shares of the chip maker’s stock valued at $847,000 after acquiring an additional 313 shares during the last quarter. Norden Group LLC increased its stake in shares of Intel by 1.7% during the 3rd quarter. Norden Group LLC now owns 22,957 shares of the chip maker’s stock valued at $770,000 after acquiring an additional 386 shares during the last quarter. Welch Group LLC lifted its holdings in shares of Intel by 3.3% during the 3rd quarter. Welch Group LLC now owns 14,305 shares of the chip maker’s stock worth $480,000 after acquiring an additional 452 shares during the period. Finally, Hilltop National Bank boosted its position in shares of Intel by 6.8% in the third quarter. Hilltop National Bank now owns 7,667 shares of the chip maker’s stock worth $257,000 after acquiring an additional 488 shares during the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Intel Trading Down 0.7%

Shares of INTC opened at $36.08 on Friday. Intel Corporation has a 12 month low of $17.67 and a 12 month high of $44.02. The stock’s 50-day moving average is $38.00 and its two-hundred day moving average is $29.74. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.60 and a quick ratio of 1.25. The stock has a market cap of $172.35 billion, a PE ratio of 3,611.61 and a beta of 1.34.

Intel (NASDAQ:INTC) last posted its earnings results on Thursday, October 23rd. The chip maker reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $13.65 billion during the quarter, compared to analyst estimates of $13.10 billion. Intel had a negative return on equity of 0.75% and a net margin of 0.37%.The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.46) earnings per share. Intel has set its Q4 2025 guidance at 0.080-0.080 EPS. Equities analysts forecast that Intel Corporation will post -0.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

INTC has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. increased their price target on shares of Intel from $21.00 to $30.00 and gave the stock an “underweight” rating in a research note on Friday, October 24th. Rosenblatt Securities increased their target price on Intel from $14.00 to $25.00 and gave the stock a “sell” rating in a research report on Friday, October 24th. Evercore ISI lifted their target price on Intel from $23.00 to $41.10 in a report on Friday, October 24th. Weiss Ratings restated a “sell (d+)” rating on shares of Intel in a report on Monday. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Intel in a research note on Friday, October 24th. Two equities research analysts have rated the stock with a Buy rating, twenty-four have assigned a Hold rating and eight have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average target price of $34.84.

Key Stores Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: BofA raises its Intel price target to $40 and highlights growing opportunity for Intel Foundry to win external business in advanced packaging — a medium-term revenue and margin tailwind if Intel converts customers. BofA Sees Advanced Packaging Potential for Intel Foundry
• Positive Sentiment: Analyst coverage notes a material expansion in Intel’s non-GAAP gross margin (reported recently) driven by better product mix and cost cuts — supports the thesis that Intel’s fundamentals are improving beyond mere optimism. Intel Rides on Strong Gross Margin Expansion
• Neutral Sentiment: Market context: INTC is up strongly on the year (TipRanks notes ~80% YTD), which makes further upside more dependent on execution and new customer wins rather than sentiment alone — analysts remain cautious heading into 2026. Intel Stock Is Up 80+ YTD, But Wall Street Remains Cautious Into 2026
• Neutral Sentiment: Broader analysis pieces and industry coverage (S&P/Seeking Alpha, AI trend articles) are discussing whether Intel can sustain a foundry comeback — useful background but not immediate drivers of stock moves. S&P Global: Intelligence Player Intelligent Here?
• Negative Sentiment: Core driver of today’s weakness: multiple outlets report Nvidia halted testing of Intel’s 18A process — investors see this as a setback for Intel’s effort to attract major fab customers and validate its leading-edge nodes. That report triggered the immediate share decline. Nvidia Tested Making Chips With Intel’s 18A Process, But Stopped
• Negative Sentiment: Follow-up coverage and commentary emphasize execution risk: headlines note the testing halt and question whether Intel can compete with TSMC and other foundries — sentiment pressure could persist until Intel lands marquee external customers or demonstrates 18A at scale. Reuters: Nvidia Halted Testing of Intel 18A Process

About Intel

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.