Intel (NASDAQ:INTC) Shares Climb 3.9% – Here’s What Happened

Intel Corporation (NASDAQ:INTC) shot up 3.9% during trading on Thursday. The company traded as high as $127.44 and last traded at $127.39. 118,057,450 shares were traded during trading, an increase of 0% from the average session volume of 117,859,852 shares. The stock had previously closed at $122.60.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Investor enthusiasm around agentic AI is supporting Intel’s CPU outlook. Persistent AI agents require orchestration and inference-related computing, potentially keeping CPUs relevant alongside GPUs. Optimism surrounding Meta’s Muse AI assistant has also lifted sentiment toward CPU makers, although Meta has not confirmed Intel hardware or a purchase commitment. Intel Shares Rise as Agentic AI Keeps CPUs in the Loop
• Positive Sentiment: Intel highlighted new micro-LED technology in glass substrates, part of its effort to improve chip design and packaging as it rebuilds its product and foundry businesses. The development reinforces the company’s broader technology turnaround narrative. Intel Stock Gains With New Micro-LEDs in Glass Substrates
• Positive Sentiment: Chief Executive Lip-Bu Tan’s comments that Intel can supply only about half of customer CPU demand suggest strong near-term product demand, though the constraint also highlights capacity limitations. Investors continue to watch for an outside customer for Intel’s next-generation manufacturing process before 2027.
• Neutral Sentiment: Wall Street remains divided. Sanford C. Bernstein reaffirmed a Neutral rating, while TD Cowen maintained Hold with a $115 price target—below the stock’s recent trading level—arguing that product-revenue growth must improve alongside foundry expansion. Intel Rated Hold as Share Gains Fully Value Upside
• Negative Sentiment: Higher Treasury yields and renewed risk aversion are pressuring high-growth technology valuations, prompting profit-taking across Intel, AMD and Nvidia. Intel’s roughly 293% rally has lifted its sales multiple above the semiconductor-industry average, increasing the risk of further volatility. Intel’s 293% Rally Is Putting Its Valuation to the Test

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on INTC shares. Needham & Company LLC restated a “hold” rating on shares of Intel in a research note on Friday, July 24th. UBS Group raised shares of Intel from a “hold” rating to a “buy” rating in a research report on Tuesday, September 8th. Jefferies Financial Group began coverage on shares of Intel in a research note on Thursday, June 11th. They set a “buy” rating on the stock. Truist Financial lifted their price objective on shares of Intel from $81.00 to $108.00 and gave the company a “hold” rating in a research note on Friday, July 24th. Finally, Oppenheimer started coverage on shares of Intel in a report on Thursday, June 11th. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-six have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $108.49.

Intel Stock Performance

The company’s fifty day simple moving average is $97.90 and its 200 day simple moving average is $93.85. The stock has a market capitalization of $642.56 billion, a P/E ratio of -60.37, a P/E/G ratio of 13.22 and a beta of 2.22. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

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

Insiders Place Their Bets

In other news, CEO Lip Bu Tan bought 105,263 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were purchased at an average price of $95.00 per share, for a total transaction of $9,999,985.00. Following the completion of the acquisition, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at approximately $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.05% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Intel

Several hedge funds have recently made changes to their positions in the business. Whalerock Point Partners LLC purchased a new position in Intel during the 4th quarter valued at about $205,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in Intel in the fourth quarter worth about $185,000. Northwestern Mutual Wealth Management Co. grew its holdings in Intel by 5.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker’s stock worth $9,419,000 after purchasing an additional 13,858 shares during the period. Vestor Capital LLC bought a new position in shares of Intel during the first quarter valued at approximately $9,441,000. Finally, World Investment Advisors lifted its holdings in shares of Intel by 11.2% during the first quarter. World Investment Advisors now owns 62,876 shares of the chip maker’s stock valued at $2,775,000 after purchasing an additional 6,326 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

Intel Company 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.