We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Intel (INTC) Soars 10.8%: Is Further Upside Left in the Stock?
Read MoreHide Full Article
Intel (INTC - Free Report) shares soared 10.8% in the last trading session to close at $45.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.1% gain over the past four weeks.
Intel is witnessing healthy traction in artificial intelligence (AI) PCs that have taken the market by storm. The company has previewed Intel Core Ultra series 3 processor (code-named Panther Lake) and Xeon 6+ (code-named Clearwater Forest) in third-quarter 2025. Manufactured in a new, state-of-the-art factory in Chandler, AZ, both products are built on Intel 18A, the most advanced semiconductor process in the United States.
Panther Lake is designed to power a broad spectrum of consumer and commercial AI PCs, gaming devices and edge solutions. Clearwater Forest is an E-core server processor that enables business enterprises to scale workloads, reduce energy costs and power more intelligent services. While Panther Lake will be available in the broad market from January, Clearwater Forest is slated to be launched in the first half of 2026.
This world's largest chipmaker is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents a year-over-year change of -38.5%. Revenues are expected to be $13.38 billion, down 6.2% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Intel, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on INTC going forward to see if this recent jump can turn into more strength down the road.
Intel belongs to the Zacks Semiconductor - General industry. Another stock from the same industry, Amtech Systems (ASYS - Free Report) , closed the last trading session 6.7% higher at $13.92. Over the past month, ASYS has returned 18.7%.
For Amtech, the consensus EPS estimate for the upcoming report has changed +800% over the past month to $0.07. This represents a change of +16.7% from what the company reported a year ago. Amtech currently has a Zacks Rank of #1 (Strong Buy).
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Intel (INTC) Soars 10.8%: Is Further Upside Left in the Stock?
Intel (INTC - Free Report) shares soared 10.8% in the last trading session to close at $45.55. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.1% gain over the past four weeks.
Intel is witnessing healthy traction in artificial intelligence (AI) PCs that have taken the market by storm. The company has previewed Intel Core Ultra series 3 processor (code-named Panther Lake) and Xeon 6+ (code-named Clearwater Forest) in third-quarter 2025. Manufactured in a new, state-of-the-art factory in Chandler, AZ, both products are built on Intel 18A, the most advanced semiconductor process in the United States.
Panther Lake is designed to power a broad spectrum of consumer and commercial AI PCs, gaming devices and edge solutions. Clearwater Forest is an E-core server processor that enables business enterprises to scale workloads, reduce energy costs and power more intelligent services. While Panther Lake will be available in the broad market from January, Clearwater Forest is slated to be launched in the first half of 2026.
This world's largest chipmaker is expected to post quarterly earnings of $0.08 per share in its upcoming report, which represents a year-over-year change of -38.5%. Revenues are expected to be $13.38 billion, down 6.2% from the year-ago quarter.
While earnings and revenue growth expectations are important in evaluating the potential strength in a stock, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
For Intel, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on INTC going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Intel belongs to the Zacks Semiconductor - General industry. Another stock from the same industry, Amtech Systems (ASYS - Free Report) , closed the last trading session 6.7% higher at $13.92. Over the past month, ASYS has returned 18.7%.
For Amtech, the consensus EPS estimate for the upcoming report has changed +800% over the past month to $0.07. This represents a change of +16.7% from what the company reported a year ago. Amtech currently has a Zacks Rank of #1 (Strong Buy).