Intel Corporation $INTC Shares Purchased by QRG Capital Management Inc.

QRG Capital Management Inc. grew its position in Intel Corporation (NASDAQ:INTC) by 33.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 649,888 shares of the chip maker’s stock after purchasing an additional 164,339 shares during the period. Intel makes up approximately 0.6% of QRG Capital Management Inc.’s holdings, making the stock its 28th biggest position. QRG Capital Management Inc.’s holdings in Intel were worth $90,744,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in INTC. Primecap Management Co. CA bought a new stake in Intel during the 2nd quarter valued at $10,507,291,000. Norges Bank bought a new position in Intel in the 4th quarter valued at about $2,233,159,000. Legal & General Group Plc bought a new position in Intel in the 2nd quarter valued at about $4,096,110,000. Capital Research Global Investors increased its stake in Intel by 285.9% during the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock valued at $982,279,000 after buying an additional 19,722,010 shares during the period. Finally, Capital World Investors raised its position in shares of Intel by 20.3% during the 4th quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock worth $3,839,833,000 after buying an additional 17,557,147 shares in the last quarter. Institutional investors and hedge funds own 64.53% of the company’s stock.

Insider Activity at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of Intel stock in a transaction dated Tuesday, August 11th. The stock was acquired at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the acquisition, the chief executive officer directly owned 1,314,669 shares in the company, valued at approximately $124,893,555. This trade represents a 8.70% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is currently owned by corporate insiders.

Intel News Summary

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel CEO Lip-Bu Tan said customer demand for processors is exceeding supply, with the company reportedly able to fulfill only about half of requested CPU orders. The shortage suggests strong demand from AI-agent and data-center workloads, although it also highlights near-term capacity constraints. Intel Can Fill Only Half Its CPU Orders
• Positive Sentiment: Several analysts remain constructive on Intel’s recovery, citing renewed CPU demand from persistent AI agents, potential foundry value from its 18A and 14A process technologies, and possible strategic interest in its Ohio manufacturing site from SK hynix. These developments could improve utilization and create additional foundry revenue opportunities. Intel Is Storming Back Into the AI Conversation
• Positive Sentiment: Intel expanded its Core Ultra Series 3 processors into additional Googlebook laptops, supporting its push into AI-enabled PCs and broader client-device adoption. Intel Core Ultra Expansion With Googlebook
• Neutral Sentiment: Intel’s quantum strategy received attention after IonQ demonstrated a quantum error-correction decoder running on a conventional CPU with minimal reported overhead. The test supports Intel’s view that quantum processors may work alongside CPUs and GPUs, but it does not represent near-term revenue for Intel. Intel CEO Discusses Quantum Computing and CPUs
• Negative Sentiment: Wednesday’s weakness appears primarily tied to sector-wide profit-taking after Intel’s powerful recent advance. Commentary also noted that the stock has moved above average analyst price targets, raising concerns that much of the turnaround optimism is already reflected in the valuation. Why Is Intel Stock Falling on Wednesday?
• Negative Sentiment: Meta’s Muse AI announcement is strengthening the broader CPU thesis, but Meta has not confirmed using Intel hardware or made a purchase commitment. Investors may therefore view the recent AI-driven rally as speculative, particularly while Intel remains loss-making and faces execution risks. Intel Falls as Muse Keeps the CPU Thesis Alive

Intel Price Performance

NASDAQ:INTC traded down $1.26 during trading hours on Wednesday, reaching $122.60. 85,042,890 shares of the company’s stock were exchanged, compared to its average volume of 117,859,727. The company has a quick ratio of 1.25, a current ratio of 1.60 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $618.39 billion, a P/E ratio of -58.10, a price-to-earnings-growth ratio of 13.00 and a beta of 2.22. Intel Corporation has a 12 month low of $29.23 and a 12 month high of $142.35. The business’s 50-day simple moving average is $97.51 and its two-hundred day simple moving average is $93.31.

Intel (NASDAQ:INTC) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.21. The company had revenue of $16.13 billion for the quarter, compared to analysts’ expectations of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The firm’s revenue was up 25.2% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.10) earnings per share. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Sell-side analysts expect that Intel Corporation will post 1.04 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. HC Wainwright set a $150.00 price objective on shares of Intel in a research note on Monday, June 29th. Daiwa Securities Group lowered Intel from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Stifel Nicolaus lowered their price target on Intel from $120.00 to $110.00 and set a “hold” rating on the stock in a research report on Friday, July 24th. Mizuho dropped their price objective on Intel from $109.00 to $92.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. Finally, Citigroup began coverage on Intel in a report on Tuesday, September 8th. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, twenty-six have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $108.49.

Intel Profile

Intel Corporation (NASDAQ: INTC) is a global semiconductor company that designs and manufactures computing and communications products. Its portfolio includes Intel Core processors for personal computers, Xeon processors for data centers and enterprise systems, and products for edge computing, networking, and other specialized applications.

Intel also develops graphics processing units under its Intel Arc and Intel Data Center GPU brands, Gaudi artificial intelligence accelerators, Ethernet products, software, and related platform technologies.