Intel (NASDAQ:INTC) Shares Up 7.7% – Here’s Why

Shares of Intel Corporation (NASDAQ:INTC) were up 7.7% on Thursday . The company traded as high as $111.37 and last traded at $108.80. Approximately 147,348,491 shares were traded during trading, an increase of 26% from the average session volume of 117,212,000 shares. The stock had previously closed at $101.05.

Intel News Roundup

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Potential SK hynix partnership supports the foundry turnaround. Reports indicate that SK hynix and Intel are discussing memory-chip manufacturing at Intel’s underutilized Ohio facility. A customer for the Ohio site could improve factory utilization, provide outside demand for Intel Foundry and strengthen the company’s U.S. manufacturing strategy. However, no agreement has been signed. Intel’s Ohio Lifeline: Why the SK Hynix Talks Matter
• Positive Sentiment: AI and semiconductor sentiment has improved. Investors rotated back into chip stocks after the Federal Reserve’s decision, broadening the AI trade beyond NVIDIA. Intel also benefited from reports of tight server-chip supply, higher enterprise CPU pricing, improving manufacturing execution and recent analyst upgrades. 2 Stocks Breaking Out Post-FOMC With One Thing in Common
• Positive Sentiment: Market and media attention remain supportive. Jim Cramer called Intel the top stock in his technology ranking, while options activity reportedly showed significant bullish call buying across Intel and other chipmakers. These signals may be contributing to continued momentum and elevated trading volume. Jim Cramer Calls Intel the Best Stock in Show
• Neutral Sentiment: Memory-market conditions are a mixed catalyst. Intel’s CEO warned that AI-driven memory shortages have pushed prices sharply higher and could worsen in 2027. That supports demand for memory producers and highlights AI infrastructure strength, but it may also raise costs for Intel’s systems and customers.
• Negative Sentiment: The SK hynix discussions remain preliminary. The potential Ohio deal has no finalized terms, production schedule or confirmed economics. Investors may therefore be taking profits after bidding up the stock on a rumor rather than a completed transaction.
• Negative Sentiment: Valuation and execution risks remain elevated. Analysts’ average target and consensus Hold rating suggest limited near-term upside, while Intel’s costly foundry expansion, cash requirements and turnaround execution remain important risks.

Wall Street Analyst Weigh In

INTC has been the subject of a number of recent analyst reports. Weiss Ratings cut shares of Intel from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, September 9th. Wall Street Zen lowered shares of Intel from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. The Goldman Sachs Group reissued a “neutral” rating on shares of Intel in a research note on Thursday, July 23rd. HC Wainwright set a $150.00 target price on Intel in a research report on Monday, June 29th. Finally, Seaport Research Partners reaffirmed a “buy” rating and set a $125.00 target price on shares of Intel in a research note on Friday, July 24th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, twenty-seven have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Intel has an average rating of “Hold” and an average target price of $108.49.

Intel Trading Down 0.3%

The stock’s fifty day moving average price is $96.81 and its 200 day moving average price is $91.88. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.60 and a quick ratio of 1.25. The stock has a market capitalization of $547.40 billion, a P/E ratio of -51.43, a PEG ratio of 11.61 and a beta of 2.22.

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

Insider Buying and Selling at Intel

In other news, CEO Lip Bu Tan purchased 105,263 shares of the stock in a transaction that occurred on Tuesday, August 11th. The stock was 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 legal filing with the SEC, which is available at the SEC website. Corporate insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Intel

A number of institutional investors and hedge funds have recently bought and sold shares of INTC. Wellington Altus USA Inc. lifted its stake in Intel by 45.8% in the second quarter. Wellington Altus USA Inc. now owns 6,220 shares of the chip maker’s stock worth $868,000 after acquiring an additional 1,954 shares during the period. Revere Asset Management Inc purchased a new position in Intel during the 2nd quarter valued at about $1,078,000. U S Wealth Group LLC. purchased a new position in Intel during the 2nd quarter valued at about $662,000. Menlo Advisors LLC bought a new stake in shares of Intel in the 2nd quarter valued at about $342,000. Finally, Bouchey Financial Group Ltd. raised its holdings in shares of Intel by 32.1% in the 2nd quarter. Bouchey Financial Group Ltd. now owns 4,992 shares of the chip maker’s stock valued at $697,000 after purchasing an additional 1,214 shares in the last quarter. 64.53% of the stock is owned by institutional investors.

About Intel

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.