Intel (NASDAQ:INTC) Trading Up 11.3% – What’s Next?

01 Aug 2026, 09:01 by Jessica Moore · The Cerbat Gem

Intel Corporation (NASDAQ:INTC – Get Free Report) shot up 11.3% on Thursday . The stock traded as high as $94.10 and last traded at $91.13. 136,107,621 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 121,429,891 shares. The stock had previously closed at $81.88.

More Intel News

Here are the key news stories impacting Intel this week:

Positive Sentiment: Potential Apple supply opportunity: Melius suggested Apple could use Intel alongside its primary processor supplier to reduce manufacturing risk. A win with Apple would strengthen Intel’s foundry ambitions and provide a high-profile customer opportunity. Intel Stock Rises as Analyst Sees Apple Supply Opportunity
Positive Sentiment: AI spending and sector inflows are lifting sentiment: Strong Microsoft and Amazon results renewed confidence in cloud and AI infrastructure spending, helping semiconductor stocks recover. Semiconductor ETFs also attracted substantial new cash this week, creating broader buying support for chip names including Intel. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
Positive Sentiment: Bullish commentary and earnings momentum: Jim Cramer argued that Intel belongs near $110 and said forced selling by the Situational Awareness hedge fund exaggerated the post-earnings decline. Intel’s latest quarterly results also exceeded consensus estimates, with revenue rising more than 25% year over year, while investors continue to focus on its restructuring and improving data-center business. Jim Cramer Says INTC Stock Belongs at $110
Neutral Sentiment: Technical recovery remains uncertain: Intel has stabilized after a sharp earnings-related selloff, but technical resistance is identified around $98–$102. The stock’s elevated volatility means the rebound could remain susceptible to further reversals. Intel Stock Reclaims Momentum Near Key Resistance
Negative Sentiment: TSMC is challenging Intel’s packaging advantage: Taiwan Semiconductor is reportedly developing technology similar to Intel’s EMIB advanced packaging, potentially weakening a key differentiator as Nvidia evaluates packaging options. This raises competitive concerns for Intel’s foundry and AI strategy. TSMC Developing Advanced Chip Packaging Technology
Negative Sentiment: Expectations and valuation risk remain high: After the rebound, investors are demanding evidence that Intel can sustain AI-related growth and execute its costly turnaround. Analysts remain divided, and the company’s negative net margin and ongoing restructuring add to concerns about near-term profitability.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on INTC. Zacks Research raised shares of Intel from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 23rd. Raymond James Financial upgraded Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Jefferies Financial Group began coverage on Intel in a report on Thursday, June 11th. They set a “buy” rating for the company. Barclays raised their price objective on shares of Intel from $65.00 to $100.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. Finally, Truist Financial upped their price objective on Intel from $81.00 to $108.00 and gave the stock a “hold” rating in a report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twenty-nine have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $107.93.

View Our Latest Research Report on INTC

Intel Stock Performance

The company has a market cap of $454.97 billion, a P/E ratio of -42.75 and a beta of 2.18. The business has a 50 day moving average price of $113.14 and a two-hundred day moving average price of $79.70. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.25 and a current ratio of 1.60.

Intel (NASDAQ:INTC – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The chip maker reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.21. The business had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.Intel’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same period last year, the company earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, sell-side analysts anticipate that Intel Corporation will post 1.01 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Southern Financial Group LLC grew its holdings in Intel by 0.6% in the 1st quarter. Southern Financial Group LLC now owns 14,313 shares of the chip maker’s stock worth $632,000 after acquiring an additional 90 shares during the last quarter. Harrell Investment Partners LLC raised its stake in shares of Intel by 0.4% during the second quarter. Harrell Investment Partners LLC now owns 23,277 shares of the chip maker’s stock valued at $3,250,000 after acquiring an additional 100 shares during the last quarter. Wynn Capital LLC boosted its holdings in shares of Intel by 0.4% during the second quarter. Wynn Capital LLC now owns 27,162 shares of the chip maker’s stock worth $3,793,000 after purchasing an additional 104 shares during the period. Demars Financial Group LLC boosted its holdings in shares of Intel by 1.7% during the first quarter. Demars Financial Group LLC now owns 7,675 shares of the chip maker’s stock worth $339,000 after purchasing an additional 125 shares during the period. Finally, Human Investing LLC grew its stake in shares of Intel by 0.9% in the first quarter. Human Investing LLC now owns 14,525 shares of the chip maker’s stock worth $641,000 after purchasing an additional 126 shares during the last quarter. 64.53% of the stock is owned by hedge funds and other institutional investors.

About Intel

(Get Free Report)

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.