Intel Corp NASDAQ:INTC Price, Chart, News & Insight

NASDAQ:INTC

Applied Materials and Intel Expand Collaboration to Accelerate AI Chip Manufacturing

Applied Materials (NASDAQ: AMAT) and Intel (NASDAQ: INTC) announced an expanded collaboration aimed at accelerating development of next-generation semiconductor technologies for AI computing.

The companies will work together at Applied Materials’ new EPIC Center in Silicon Valley and Intel’s R&D campus in Hillsboro, Oregon, focusing on advanced transistors, interconnects and packaging technologies. The goal is to shorten development cycles and speed the transition of new semiconductor innovations from research into high-volume manufacturing.

The collaboration includes work on next-generation materials, process technologies and device architectures for advanced logic nodes, as well as interconnect scaling and Foveros-based 3D packaging. These technologies are designed to improve interconnect density, power delivery and thermal performance for high-performance AI systems.

Applied Materials said the partnership builds on decades of cooperation with Intel and is intended to address increasingly complex chipmaking challenges as AI workloads demand greater performance and efficiency.

Intel, meanwhile, said the collaboration will support its foundry ambitions by helping accelerate R&D and manufacturing innovation for advanced AI infrastructure.

Applied’s EPIC Center is expected to become operational in 2026 and is designed to give chipmakers earlier access to new equipment and process technologies, with the aim of bringing semiconductor breakthroughs to market faster.

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The Investor 10-06-26

Intel Foundry and ASML Advance High NA EUV for Next-Generation Chip Manufacturing

Intel (NASDAQ: INTC) and ASML are expanding their collaboration to accelerate industry adoption of High Numerical Aperture Extreme Ultraviolet lithography, a key manufacturing technology for increasingly advanced semiconductor designs.

Intel Foundry said High NA EUV is already being used in high-volume manufacturing, with more than one million wafers processed across equipment certification, R&D and production. The technology is being used on select layers of some Intel Core Ultra Series 3 processors, code-named Panther Lake.

Intel also said products manufactured on its Intel 18A process using High NA on selected layers are delivering performance that meets or exceeds comparable layers produced using conventional 0.33 NA EUV systems.

High NA EUV is designed to enable semiconductor manufacturers to print smaller and more complex chip features, making the technology increasingly important as AI and high-performance computing drive demand for more advanced processors.

Intel Foundry and ASML are also working to simplify adoption. Customers can currently use standard 6-inch masks through design optimization or Intel’s reticle-stitching technology, while the companies are collaborating with the broader semiconductor ecosystem on a future transition to larger 6x12-inch masks.

The update strengthens Intel Foundry’s position as an early adopter of High NA EUV. Intel installed ASML’s first commercial High NA system in 2024 and has since moved the technology from testing toward volume production, potentially providing an important manufacturing capability as Intel seeks to expand its foundry business.

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The Investor 09-08-26

Intel Stock Surges 9.3% as Wall Street Turns Bullish With Multiple Upgrades

Intel (NASDAQ: INTC) shares jumped 9.3% Tuesday to around $104.75 as several Wall Street firms adopted more bullish ratings on the chipmaker.

UBS upgraded Intel from Neutral to Buy, while RBC Capital Markets initiated coverage with an Outperform rating. Citigroup also initiated the stock with a Buy rating.

Northland Securities became more bullish as well, moving Intel from Market Perform to Outperform and setting a $120 price target. Based on Intel’s $104.75 share price, that target implies roughly 15% additional upside.

The wave of positive analyst actions highlights improving sentiment around Intel as investors assess the company’s turnaround and its position in the rapidly expanding AI and semiconductor infrastructure markets.

Intel has been investing heavily in advanced manufacturing and its foundry business while competing for growing demand associated with AI data centers and next-generation computing. Progress in these areas could be critical to improving profitability and strengthening Intel’s competitive position.

Tuesday’s combination of upgrades and new bullish coverage provided a strong catalyst for the stock, helping Intel shares climb more than 9% during the session.

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The Investor 09-08-26

Intel Stock Drops 3.7% After $15 Billion Share Offering Raises Dilution Concerns

Intel (NASDAQ: INTC) shares fell about 3.7% Monday after the chipmaker announced plans for a $15 billion underwritten public offering of common stock, as investors reacted to the potential dilution from the large equity raise.

Intel said proceeds from the offering will be used for general corporate purposes, including capital expenditures and working capital. The company said the additional capital will help it pursue opportunities related to AI computing, advanced packaging, purpose-built silicon and external wafer manufacturing while maintaining a strong balance sheet and investment-grade credit rating.

Offering Could Reach $17.25 Billion

The size of the capital raise appears to be the primary factor behind Monday's decline.

Intel plans to sell $15 billion of common stock and will give underwriters a 30-day option to purchase up to an additional $2.25 billion. If fully exercised, the transaction could therefore raise as much as $17.25 billion before fees and expenses.

Issuing such a substantial amount of new equity increases Intel's financial flexibility but dilutes the ownership and potential future earnings attributable to existing shareholders. The eventual dilution will depend on the offering price and number of shares issued.

Intel Points to AI and Foundry Investment Opportunities

Intel framed the offering as growth-oriented rather than defensive, saying customers continue to indicate strong and sustainable demand driven by unprecedented investment in AI computing.

The company highlighted physical AI, purpose-built silicon, advanced packaging and external wafer production as areas offering significant growth potential.

The capital could be particularly important as Intel continues investing heavily in semiconductor manufacturing infrastructure while attempting to expand its foundry business and compete in an AI semiconductor market dominated by companies such as Nvidia and increasingly contested by AMD and other specialized chipmakers.

Why Is INTC Stock Down Today?

Intel's roughly 3.7% decline appears primarily tied to dilution concerns surrounding the $15 billion stock offering.

While the transaction strengthens Intel's liquidity and gives the company additional resources to fund capital-intensive manufacturing and AI initiatives, existing shareholders effectively face a larger future share count.

The announcement also signals that Intel intends to continue committing substantial capital to its manufacturing and technology roadmap. Those investments could generate significant returns if AI and foundry demand develops as expected, but they also require considerable funding before their financial benefits become clear.

For now, investors appear to be focusing on the immediate dilution from one of Intel's largest equity raises, outweighing the longer-term potential benefits of additional investment in AI, advanced packaging and semiconductor manufacturing.

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European Investor 08-10-26

Intel (NASDAQ: INTC) edged 0.9% higher after Goldman Sachs upgraded its rating to Neutral from Sell, signaling a more balanced outlook on the chipmaker as it continues its turnaround efforts.

The rating change suggests Goldman sees a more favorable risk-reward profile following Intel's recent restructuring initiatives and progress in stabilizing its business. While the firm remains cautious about the company's competitive position and execution risks, the move away from a Sell rating indicates expectations for further downside have moderated.

Intel continues to invest heavily in expanding its manufacturing capabilities and advancing its foundry strategy, while working to regain competitiveness in the AI and data center markets. Investors are closely monitoring whether these long-term investments can translate into sustainable earnings growth.

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European Investor 06-25-26

Intel Surges 9% Premarket as Apple Foundry Reports and Analyst Support Boost Sentiment

Intel (NASDAQ: INTC) jumped 9% in premarket trading as investors reacted to news of a potential chip-manufacturing partnership with Apple and growing optimism surrounding the company's foundry and AI businesses.

Adding to the positive sentiment, Bernstein analyst Stacy Rasgon reiterated a Market Perform rating on the stock. While the analyst maintained a neutral stance, investors continue to focus on Intel's long-term turnaround strategy and efforts to become a major contract chip manufacturer.

President Donald Trump stated that Apple had agreed to work with Intel to design and manufacture certain chips in the United States (Stocktwits). While details remain limited and the companies have not provided comprehensive information about the reported arrangement, investors viewed the development as a potential validation of Intel's foundry strategy.

The broader semiconductor sector has remained one of the market's strongest performers in 2026, fueled by accelerating AI infrastructure spending and growing demand for advanced chips. Recent analyst upgrades and higher price targets across the industry have reinforced expectations that AI-related investment remains in the early stages of a multi-year expansion cycle.

For Intel, investor attention remains focused on execution of its manufacturing roadmap, foundry customer wins, and continued progress in AI and data-center markets. A successful expansion of its foundry business could diversify revenue streams and significantly strengthen the company's competitive position.

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WS Investor 06-18-26

Intel Climbs 5% After Double Analyst Upgrade Sparks Optimism

Intel (NASDAQ: INTC) shares rose about 5% on Thursday after receiving two major Wall Street upgrades, signaling growing confidence in the chipmaker's turnaround strategy and long-term AI opportunities.

Citigroup upgraded Intel to Buy, while Bank of America raised its rating from Underperform to Buy and increased its price target from $96 to $135. The rare combination of bullish analyst actions helped fuel strong investor interest in the stock.

The upgrades suggest that analysts increasingly believe Intel's restructuring efforts, manufacturing investments, and product roadmap are beginning to improve the company's competitive position. Investors have been closely watching Intel's progress as it works to regain market share in key processor markets while expanding its foundry business.

Analysts also appear more optimistic about Intel's ability to participate in the artificial intelligence boom. While competitors have captured much of the recent AI-related enthusiasm, Intel has been investing heavily in AI-capable processors, accelerators, and advanced manufacturing technologies that could support future growth.

The positive ratings come as sentiment toward the semiconductor sector remains strong, driven by expectations of continued AI infrastructure spending and rising demand for advanced chips. For Intel, the upgrades represent a notable shift in Wall Street's outlook after several years of operational challenges and market-share losses.

Thursday's rally suggests investors are increasingly willing to bet that Intel's turnaround is gaining traction and that the company could benefit from the next phase of semiconductor and AI industry growth.

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European Investor 06-11-26

Intel reported first-quarter 2026 revenue of $13.6 billion, up 7% year-over-year, as demand for AI-related computing and silicon products continued to grow. The company posted a GAAP loss per share of $0.73, while non-GAAP EPS came in at $0.29, reflecting ongoing investments and restructuring.

Intel highlighted strong momentum in AI-driven demand, particularly for its CPUs and advanced packaging technologies, alongside multiple product launches and expanded partnerships with companies including Google and NVIDIA.

Looking ahead, Intel expects second-quarter revenue between $13.8 billion and $14.8 billion, with modest earnings growth, as it continues to scale production and meet rising demand for AI infrastructure.

Source: Business Wire

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The Investor 04-24-26

Intel and Google Expand Partnership to Advance AI Infrastructure

Intel and Google announced a multiyear collaboration to enhance next-generation AI and cloud infrastructure.

The partnership will deepen the use of Intel Xeon processors across Google Cloud while expanding co-development of custom infrastructure processing units (IPUs), designed to improve efficiency, performance, and scalability in AI systems.

The companies emphasized the growing importance of CPUs alongside accelerators in managing complex AI workloads, with IPUs helping offload networking, storage, and security tasks to optimize overall system performance.

The collaboration aims to build more efficient, flexible, and scalable infrastructure to support rising global demand for AI-driven applications and services.
Business Wire

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WS Investor 04-09-26

Intel announced it will repurchase a 49% stake in its Ireland-based Fab 34 joint venture from Apollo for $14.2 billion.

The move reverses a 2024 transaction in which Apollo invested $11.2 billion for the stake, providing Intel with financial flexibility at the time. The buyback reflects Intel’s improved balance sheet and evolving strategy as demand for AI-driven computing continues to grow.

The transaction will be funded through a combination of cash and approximately $6.5 billion in new debt issuance. Intel expects the deal to be accretive to earnings per share and to strengthen its credit profile over the long term.

Fab 34 in Ireland remains a key part of Intel’s global manufacturing network, supporting advanced chip production for AI and next-generation processors.
Business Wire

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Global Finance News 04-03-26

10-19-26WS News

10-13-26The Investor

10-07-26Global Finance News

10-02-26WS News

09-18-26European Investor

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