La chaîne d'options affiche les données clés des options sur actions de Intel à différents prix d'exercice et dates d'expiration. Les traders utilisent ces informations pour analyser les transactions potentielles et évaluer le sentiment du marché pour Intel..

Intel (NASDAQ:INTC) Stock, Chaîne d'Options

Intel

Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.

Intel Corp

INTEL ORD

Intchains Group Limited - American Depositary Shares

Intchains Group Ltd

U.S. stocks turned downward on Thursday, with the Nasdaq Composite dipping around 500 points. The Dow traded down 0.9% to 41,763.46 while the NASDAQ fell 2.76% to 18,095.15. The S&amp;P 500 also fell, dropping, 1.9% to 5,705.45.
These are the top stocks that gained the attention of retail traders and investors throughout the day:
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)
Apple shares closed down 1.82% at $225.91, with an intraday high of $229.83 and a low of $225.37. The 52-week range is $164.08 to $237.49. The iPhone maker reported a fiscal <a href="https://www.benzinga.com/news/earnings/24/10/41666494/apple-q4-earnings-revenue-beat-eps-beat-installed-base-hits-new-highs-iphone-sales-rise-as-apple-in">fourth-quarter revenue</a> of $94.9 billion, beating analyst estimates.
Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>)
Amazon shares ended the day down 3.39% at $186.19, with an intraday high of $190.6 and a low of $185.23. The 52-week range is $133.85 to $201.2. The online retail giant posted <a href="https://www.benzinga.com/news/earnings/24/10/41664778/amazon-q3-earnings-highlights-revenue-beat-eps-beat-q4-guidance-new-kindles-significantly-outperfor">third-quarter net sales</a> of $158.9 billion, up 11% year-over-year.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41616239/shytoshi-kusama-touts-shiba-inu-lifetime-gains-of-33774726-we-still-have-far-to-go-and-muc?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Shytoshi Kusama Touts Shiba Inu Lifetime Gains Of 33774726%: &#8216;We Still Have Far To Go And Much Work To Be</a>
Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>)
Intel shares closed down 3.50% at $21.52, with an intraday high of $22.25 and a low of $21.47. The 52-week range is $18.51 to $51.28. The chipmaker reported an EPS <a href="https://www.benzinga.com/news/earnings/24/10/41665395/intel-stock-climbs-on-better-than-expected-q3-results-details">loss of 46 cents</a> against an estimate of a loss of two cents.
Peloton Interactive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTON#NASDAQ">PTON</a>)
Peloton shares soared 27.82% to close at $8.5, with an intraday high of $8.92 and a low of $7.67. The 52-week range is $2.7 to $8.92. The fitness company<a href="https://www.benzinga.com/news/earnings/24/10/41657705/peloton-gears-up-for-next-chapter-sales-beat-apple-alum-as-ceo-and-strong-margin-gains"> smashed first-quarter sales estimates</a> and reported a GAAP net loss of $1 million.
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla shares ended the day down 2.99% at $249.85, with an intraday high of $259.75 and a low of $249.25. The 52-week range is $138.8 to $273.54. The EV maker remains <a href="https://www.benzinga.com/news/24/10/41646587/tesla-remains-californias-top-ev-choice-even-as-registrations-drop-cybertruck-among-10-best-selling">California&#8217;s top EV choice</a> even as registrations drop.
Prepare for the day&#8217;s trading <a href="Premarket Movers &amp; News">with top premarket movers and news</a> by Benzinga.
Photo Courtesy: Ishant Mishra On Unsplash
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</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

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Markets

AAPL

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INTC

PTON

TSLA

Apple, Amazon, Intel, Peloton, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

Business Outlook
Intel's guidance for the fourth quarter of 2024 includes both GAAP and non-GAAP estimates as follows:
<figure class="table"> 
<table>
<tbody>
<tr>
<td colspan="1" rowspan="1">Q4 2024</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">GAAP</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">Non-GAAP</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Revenue</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$13.3-14.3 billion</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">&nbsp;</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Gross Margin</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">36.5%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">39.5%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Tax Rate</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">(50)%</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">13%</td>
</tr>
<tr>
<td colspan="1" rowspan="1">Earnings (Loss) Per Share Attributable to Intel—Diluted</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$(0.24)</td>
<td colspan="1" rowspan="1">&nbsp;</td>
<td colspan="1" rowspan="1">$0.12</td>
</tr>
</tbody>
</table>
</figure>
Reconciliations between GAAP and non-GAAP financial measures are included below. Actual results may differ materially from Intel's business outlook as a result of, among other things, the factors described under "Forward-Looking Statements" below. The gross margin and EPS outlook are based on the mid-point of the revenue range.

Guidance

Intel Sees Q4 2024 Non-GAAP EPS $0.12 Vs $0.08 Est.; Revenue $13.3B-$14.3B Vs $13.66B Est.

Editors Note: The EPS and estimate were corrected, as was the consensus revenue estimate; bullet points updated.
Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) reported its third-quarter results after Thursday's closing bell. Here's a look at the <a href="https://www.benzinga.com/pressreleases/24/10/b41663729/intel-reports-third-quarter-2024-financial-results">details from the report.&nbsp;&nbsp;</a>
The Details: Intel reported an EPS loss of 46 cents against an estimate of a loss of two cents. Quarterly revenue clocked in at $13.28 billion, which beat the consensus estimate of $13.02 billion.
&#8220;Our Q3 results underscore the solid progress we are making against the plan we outlined last quarter to reduce costs, simplify our portfolio and improve organizational efficiency. We delivered revenue above the midpoint of our guidance, and are acting with urgency to position the business for sustainable value creation moving forward,&#8221; said Pat Gelsinger, Intel CEO. 
&#8220;The momentum we are building across our product portfolio to maximize the value of our x86 franchise, combined with the strong interest Intel 18A is attracting from foundry customers, reflects the impact of our actions and the opportunities ahead,&#8221; Gelsinger added. 
The company recorded an impact of negative 63 cents to non-GAAP EPS attributable to Intel from $3.1 billion of impairment charges.
&#8220;Restructuring charges meaningfully impacted Q3 profitability as we took important steps toward our cost reduction goal,&#8221; said David Zinsner, Intel CFO. &#8220;The actions we took this quarter position us for improved profitability and enhanced liquidity as we continue to execute our strategy. We are encouraged by improved underlying trends, reflected in our Q4 guidance.&#8221;
Outlook: Intel expects fourth-quarter earnings of 12 cents per share and gross margin of 39.5%. 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="&#x1f534;WATCH LIVE: Intel Q3 2024 Earnings Call &#x7C; $INTC" width="500" height="281" src="https://www.youtube.com/embed/sP5p7kadP6U?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Read Next: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41631795/reddit-remains-a-favorite-for-wall-street-after-emphatic-beat-and-raise-in-q3">Reddit &#8216;Remains A Favorite&#8217; For Wall Street After &#8216;Emphatic Beat And Raise&#8217; In Q3</a>
INTC Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Intel shares are up 12.27% after-hours at $24.17 at the time of publication Thursday.
Read Also:&nbsp;
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<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41497160/starbucks-analysts-bullish-on-ceo-brian-niccol-after-tough-preannouncement-zeroing-">Starbucks Analysts Bullish On CEO Brian Niccol After Tough Preannouncement: &#8216;Zeroing In&#8217; On Right Issues</a></li>
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Photo: Shutterstock

Earnings

After-Hours Center

Movers

Tech

Intel Stock Climbs On Better-Than-Expected Q3 Results: Details (CORRECTED)

CORRECTION: Intel Q3 Adj EPS $(0.46) Misses $(0.02) Estimate, Sales $13.28B Beat $13.02B Estimate

Market Summary

General

Benzinga Market Summary: Amazon Rises After Hours Following Q3 Earnings, Apple Volatile, Intel Surges

<h3>Gainers</h3>
<ul>
<li>Atlassian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>) stock rose 15.4% to $217.5 during Thursday's after-market session. The company's market cap stands at $56.6 billion. As per the news, the Q1 earnings report came out today. </li>
<li>Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) stock increased by 13.47% to $24.42. The company's market cap stands at $104.4 billion. The company's, Q3 earnings came out today. </li>
<li>Taoping (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAOP#NASDAQ">TAOP</a>) shares rose 10.32% to $0.47. The market value of their outstanding shares is at $2.1 million. </li>
<li>LeddarTech Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LDTC#NASDAQ">LDTC</a>) stock increased by 6.99% to $0.26. The company's market cap stands at $7.6 million. </li>
<li>Viavi Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIAV#NASDAQ">VIAV</a>) shares increased by 5.85% to $9.76. The company's market cap stands at $2.1 billion. The company's, Q1 earnings came out today. </li>
<li>XTI Aerospace (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTIA#NASDAQ">XTIA</a>) stock moved upwards by 5.71% to $0.06. The company's market cap stands at $2.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) stock fell 12.0% to $0.44 during Thursday's after-market session. The market value of their outstanding shares is at $6.5 million. </li>
<li>AXT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXTI#NASDAQ">AXTI</a>) stock declined by 7.97% to $2.37. The market value of their outstanding shares is at $105.4 million. The company's, Q3 earnings came out today. </li>
<li>Luna Innovations (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNA#NASDAQ">LUNA</a>) shares fell 7.75% to $1.43. The market value of their outstanding shares is at $49.6 million. </li>
<li>DatChat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) shares fell 7.06% to $1.45. The company's market cap stands at $4.3 million. </li>
<li>Iveda Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVDA#NASDAQ">IVDA</a>) shares fell 4.07% to $1.65. The company's market cap stands at $3.7 million. </li>
<li>Gryphon Digital Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRYP#NASDAQ">GRYP</a>) stock decreased by 3.89% to $0.61. The market value of their outstanding shares is at $30.1 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AXTI

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12 Information Technology Stocks Moving In Thursday's After-Market Session

WIIM

Intel shares are trading higher after the company reported better-than-expected Q3 earnings and announced it approved capital reduction initiatives.

Intel Says On October 28 Approved A Series Of Cost And Capital Reduction Initiatives; Says Expects To Recognize $3B Of Restructuring Charges Related To Restructuring Actions

AMAT

ENTG

KLAC

LRCX

MCHP

MRVL

NVDA

NXPI

QCOM

SWKS

Shares of semiconductor stocks are trading lower. The sector may be under pressure following recent earnings from multiple companies in the sector.

Risk aversion swept across markets on Thursday as investor disappointment over third-quarter tech earnings triggered the steepest drop in major U.S. indices <a href="https://www.benzinga.com/markets">in nearly two months.</a>
Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>) plummeted over 5% by midday trading in New York, on track for its worst session in two years. Although the company surpassed earnings estimates, it forecasted slower growth in its Azure cloud business, dampening future revenue expectations.
Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) also declined by over 4% despite a strong quarterly performance, as the social media giant projected &#8220;significant&#8221; capital expenditure growth next year, particularly for AI infrastructure.
The elite &#8220;Magnificent Seven&#8221; tech group shed nearly $500 billion in market capitalization within a single day after reaching a record high of $16.8 trillion. Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) are set to report earnings after the market close.
In economic news, inflation sent mixed signals for September. The Personal Consumption Expenditures (PCE) price index slowed as expected to 2.1% annually, while the Fed's preferred inflation measure, the core PCE price index, remained at 2.7% year over year, slightly <a href="https://www.benzinga.com/economics/macro-economic-events/24/10/41658542/fed-interest-rate-cuts-expected-but-economists-warn-of-bumpy-course-in-this-last-">above the expected 2.6%.</a>
The S&amp;P 500 dropped 1.4%, and the tech-heavy Nasdaq 100 slid 2.2%, both tracking their worst session since Sept. 6. The CBOE Volatility Index (VIX) surged 12%.
Risk aversion also weighed on commodities, with gold prices dropping 1.7%, marking their worst day since July, and silver plunging 3% after a 2% decline on Wednesday. 
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) slid 2.4%, and crypto-related stocks suffered significant losses. Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) tumbled over 10% on disappointing earnings, eyeing its worst day since May.
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>41,832.30</td>
<td>-0.7%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,213.10</td>
<td>-0.9%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,729.43</td>
<td>-1.4%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,943.07</td>
<td>-2.2%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:20 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent103124&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) fell 1.5% to $571.51.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;fell 0.8% to $418.60.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) tumbled 2.2% to $485.78. </li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) fell 0.7% to $219.65.</li>
<li>The Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) outperformed, rising 1.4%. The Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) lagged, down 2.4%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
Stocks reacting to corporate earnings were: 
<ul>
<li>Booking Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKNG#NASDAQ">BKNG</a>), up over 5%, </li>
<li>Amgen Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMGN#NASDAQ">AMGN</a>), up 1.7%,</li>
<li>Starbucks Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NYSE">SBUX</a>), down 0.6%, </li>
<li>eBay Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBAY#NASDAQ">EBAY</a>), down over 8%, </li>
<li>MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>), up 1.9%,</li>
<li>Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), up 24%,</li>
<li>Mastercard Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), down 1.8%, </li>
<li>Merck &amp; Company Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>), down 2.8%,</li>
<li>Linde plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>), down 2.9%, </li>
<li>Comcast Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>), up 2.9%, </li>
<li>Uber Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), down over 11%, </li>
<li>Eaton Corp. plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>), down 5%, </li>
<li>ConocoPhillips (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COP#NYSE">COP</a>), up 6%, </li>
<li>Bristo-Myers Squibb Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>), up 3.3%, </li>
<li>Southern Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SO#NYSE">SO</a>), up 2.2%, </li>
<li>Altria Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>), up 7.6%, </li>
<li>Regeneron Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REGN#NASDAQ">REGN</a>), down 9%, </li>
<li>The Cigna Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CI#NYSE">CI</a>), up 3%, </li>
<li>Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>), up over 9%. </li>
<li>Cheniere Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LNG#NYSE">LNG</a>), up over 5%. </li>
</ul>
Large-cap companies slated to report their earnings after the close include Apple Inc, Amazon.com Inc, Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Atlassian Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TEAM#NASDAQ">TEAM</a>) and Coterra Energy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTRA#NYSE">CTRA</a>).
Read Next:
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</ul>
Image created using artificial intelligence via Midjourney.

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Macro Economic Events

Mid Cap

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Commodities

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ETFs

$BTC

AMGN

BKNG

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COIN

CTRA

CVNA

SPDR Dow Jones Industrial Average ETF Trust

EBAY

MSFT

MSTR

NCLH

REGN

SBUX

UBER

Stocks Tumble, Nasdaq 100 Selloffs As Tech Giants Disappoint, Crypto Companies Plummet: What's Driving Markets Thursday?

Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) will release earnings results for its third quarter, after the <a href="https://www.benzinga.com/quote/INTC/earnings">closing bell on Thursday, Oct. 31.</a>
Analysts expect the Santa Clara, California-based bank to report a quarterly loss at 2 cents per share, versus a year-ago profit of 37 cents per share. Intel projects to report revenue of $13.02 billion for the recent quarter, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Intel recently announced plans to expand its chip packaging and testing facility in Chengdu, affirming its commitment to the mainland market despite a recent cybersecurity review recommended by a Beijing-backed group.
Intel shares fell 2.6% to close at $22.30 on Wednesday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/TCOM/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul>
<li>Rosenblatt analyst Hans Mosesmann maintained a Sell rating with a price target of $17 on Oct. 29. This analyst has an accuracy rate of 85%.</li>
<li>Stifel analyst Ruben Roy reiterated a Hold rating and cut the price target from $28 to $25 on Oct. 25. This analyst has an accuracy rate of 83%.</li>
<li>Goldman Sachs analyst Toshiya Hari maintained a Sell rating and cut the price target from $22 to $21 on Oct. 17. This analyst has an accuracy rate of 82%.</li>
<li>Deutsche Bank analyst Ross Seymore maintained a Hold rating and lowered the price target from $27 to $25 on Oct. 3. This analyst has an accuracy rate of 83%.</li>
<li>Mizuho analyst Vijay Rakesh downgraded the stock from Outperform to Neutral and slashed the price target from $36 to $22 on Aug. 8. This analyst has an accuracy rate of 76%.</li>
</ul>
Considering buying INTC stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="478" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/31074327/image-320-1024x478.png" alt="" class="wp-image-623687" style="width:555px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/31074327/image-320-1024x478.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/31074327/image-320-300x140.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/31074327/image-320-768x359.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/31074327/image-320.png 1311w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
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<li><a href="https://www.benzinga.com/news/24/10/41622545/wall-streets-most-accurate-analysts-spotlight-on-3-risk-off-stocks-delivering-high-dividend-yields">Wall Street&#8217;s Most Accurate Analysts Spotlight On 3 Risk Off Stocks Delivering High-Dividend Yields</a></li>
</ul>

Price Target

Analyst Ratings

Intel Likely To Report Q3 Loss; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Taiwan Semiconductor Manufacturing Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) said it does not expect Super Typhoon Kong-rey typhoon to affect its operations.
The contract chipmaker has activated routine typhoon alert preparation procedures at all its factories and construction sites in advance, Reuters reports.
Earlier in October Hurricane Helene <a target="_blank" href="https://www.benzinga.com/news/24/10/41163500/whats-going-on-with-taiwan-semiconductor-sock-on-thursday" rel="noreferrer noopener">disrupted production of</a> high-purity quartz at two leading North Carolina mines. Quartz is a critical component of the semiconductor industry.
The key Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) supplier has been the target of geopolitical tensions between the U.S. and China, which Morris Chang, Taiwan Semiconductor&#8217;s co-founder, flagged as a considerable challenge for the company.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41609022/openai-chooses-broadcom-for-ai-interface-chip-development" rel="noreferrer noopener">OpenAI Chooses Broadcom For AI Interface Chip Development</a>
Taiwan Semiconductor has <a target="_blank" href="https://www.benzinga.com/government/24/10/41631017/whats-going-on-with-taiwan-semiconductor-stock-on-wednesday" rel="noreferrer noopener">also suspended chip shipments</a> to two developers due to suspected ties with Chinese tech giant Huawei Technologies Co. The firms had ordered chips based on Taiwan Semiconductor&#8217;s 7nm process.
China remains a crucial market for Taiwan Semiconductor, contributing over 10% of its revenue, down from nearly 20% before Huawei&#8217;s export restrictions in 2020.
Meanwhile, Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) chief Pat Gelsinger&#8217;s comments on Taiwan&#8217;s geopolitical risks prompted Taiwan Semiconductor to retract its discounts for Intel, Reuters reports.
Intel had initially secured favorable pricing from Taiwan Semiconductor for its advanced 3-nanometer chips, which are essential to Intel&#8217;s manufacturing expansion.
However, Gelsinger&#8217;s remarks on Taiwan&#8217;s stability have strained the partnership, forcing Intel to pay the total price for Taiwan Semiconductor&#8217;s chips and shrinking potential profit margins on future projects, Reuters writes.
Recently, Republican presidential candidate Donald Trump accused Taiwan of undermining the U.S. chip industry for the second time and denounced the U.S. CHIPS Act. He pledged to impose tariffs on Taiwanese chips if he returned to the presidency.
Taiwan Semiconductor stock is up 92% year-to-date despite losing close to 3% in the last five days.
Price Action:&nbsp;At the last check on Thursday, TSM stock was trading lower by 0.80% at $192.92 premarket.
Also Read:
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<li><a href="https://www.benzinga.com/news/24/10/41633790/apple-refreshes-macbook-pro-lineup-with-m4-pro-and-m4-max-3nm-chips" target="_blank" rel="noreferrer noopener">Apple Refreshes MacBook Pro Lineup With M4 Pro and M4 Max 3Nm Chips</a></li>
</ul>
Photo by wakamatsu.h via Shutterstock

Emerging Markets

Media

What's Going On With Taiwan Semiconductor Stock On Thursday?

BlackBerry Reveals Expansion Of Its Long-standing Collaboration With Intel For Industrial Automation

Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) will report <a href="https://www.benzinga.com/pressreleases/24/10/b41260331/intel-to-report-third-quarter-2024-financial-results" target="_blank" rel="noreferrer noopener">third-quarter</a> financial results tomorrow, October 31, after the closing bell.
Rosenblatt analyst Hans Mosesmann anticipates that the tech giant will report results that are in line with expectations as the PC market stabilizes. However, he notes that this will be tempered by challenging trends in the data center sector, mainly due to market share losses to Advanced Micro Devices, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>).
Related Read: <a href="https://www.benzinga.com//node/41612007">AMD Q3 Earnings: Revenue Beat, EPS In Line, Data Center Up 122%, &#8216;Significant&#8217; Growth Opportunities Ahead Driven By &#8216;Insatiable&#8217; Demand</a>
According to the analyst, Intel is moving towards a more agile structure following a 15% reduction in its workforce and a suspension of its dividend, aiming to prepare for a projected slowdown in 2025. Consequently, the analyst lacks confidence in the out quarter estimates, as Intel struggles to catch up with the current AI cycle while working to improve its CPU roadmap and the Intel Foundry business, among other challenges.
The analyst indicated that for the September quarter, revenue is estimated at $13 billion, aligning with the consensus, which reflects an 8% year-over-year decline and a 1% quarter-over-quarter increase. Management&#8217;s guidance for the quarter ranges from $12.5 billion to $13.5 billion, Mosesmann noted.
The analyst projects December quarter revenue will be $14 billion, surpassing the consensus estimate of $13.7 billion. This estimate represents a 9.1% year-over-year decline and a 7.7% quarter-over-quarter increase.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/24/10/41631089/whats-going-on-with-polestar-automotive-stock-today" rel="noreferrer noopener">What&#8217;s Going On With Polestar Automotive Stock Today?</a>
The analyst forecasts FY24 revenue at $53 billion, slightly exceeding the consensus of $52 billion, with Non-GAAP EPS projected at $0.28, in line with consensus.
For FY25, estimated revenue is $55 billion and Non-GAAP EPS is $0.85, which fall short of the consensus expectations of $56.4 billion and $1.10, respectively.
Mosesmann reiterated the <a href="https://www.benzinga.com/quote/INTC/analyst-ratings">Sell rating on the stock with a price forecast of $17.</a>
Price Action: INTC shares are trading lower by 1.83% to $22.48 at last check Wednesday.
Photo: Tada Images/Shutterstock.com
Read Next:
<ul>
<li><a href="https://www.benzinga.com//node/41522973">Intel Triumphs In 15-Year Legal Battle, EU Court Rejects Record Antitrust Penalty</a></li>
</ul>

Analyst Color

Reiteration

Trading Ideas

What's Ahead For Intel In Q3? This Analyst Projects In-Line Earnings But Warns Of Data Center Challenges

ASML

AVGO

LSCC

RMBS

SIMO

TSEM

Shares of chip stocks are trading lower. The sector may be under pressure after AMD and Qorvo fell on their respective earnings reports and outlook. Additionally, SMCI may be causing sector uncertainty after its independent auditor resigned.

Investors on Wall Street seem upbeat as the index futures point to a positive start on Wednesday despite ending the previous session on a mixed note.
Search and advertising giant Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) kicked off the highly anticipated tech earnings week on a strong note. The Sundar Pichai-led company <a href="https://www.benzinga.com/news/earnings/24/10/41611263/alphabet-q3-earnings-highlights-revenue-beat-eps-beat-google-cloud-up-35-momentum-across-the-compan">posted strong momentum across verticals</a>, beating revenue and earnings per share (EPS) expectations.
Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>), on the other hand, fell 8% in premarket trading after the chipmaker's <a href="https://www.benzinga.com/news/earnings/24/10/41612007/amd-q3-earnings-revenue-beat-eps-in-line-data-center-up-122-significant-growth-opportunities-ahead-">fourth-quarter guidance</a> disappointed investors. That said, AMD beat revenue expectations in Q3.
The remaining four of the "Magnificent 7" companies will post their earnings this week – this includes Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), and Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.16%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.19%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.03%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.16%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Monday, the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.20% to $582.95 and the Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) gained 0.15% to $500.90, according to<a href="https://benzinga.grsm.io/lxquj26b2sag"> Benzinga Pro data</a>.
Cues From Last Session:
Investors remained cautious, with most sectors on the S&amp;P 500 index closing the day in the red. &nbsp;However, information technology and communication services stocks bucked the overall market trend, closing the session higher.
Crude oil prices remained tentative and kept their levels after tumbling over the weekend due to Israel's missile strikes on Iran.
Treasury yields eased slightly on Tuesday after running up over the past week. However, a possible re-election of former President Donald Trump could keep the bond yields elevated due to an increased fear of higher deficits, according to WisdomTree and Wharton School economist Jeremy Siegel.
Besides, the International Monetary Fund has also warned about the long-term trajectory <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41495286/deficit-strain-in-washington-will-get-worse-imf-warns-national-debt-projections-rev">of U.S. national debt</a>
Tech stocks helped the Nasdaq Composite index surge to a new all-time high.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>0.78%</td>
<td>18,712.75</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.16%</td>
<td>5,832.92</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.36%</td>
<td>42,233.05</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-0.27%</td>
<td>2,238.09</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
Ryan Detrick, Chief Market Strategist at Carson Group, highlighted that November is the "best month of the year" as far as equity markets are concerned.
"The last time it fell more than 1% was in 2008, and it has been higher in 11 of the past 12 years. Not to be outdone, it is the best month since 1950, in the past decade, and in election years, while it ranks as the second-best month in the past 20 years (only July is better)."
Detrick <a href="https://www.carsongroup.com/insights/blog/seven-reasons-this-bull-market-is-alive-and-well/">added</a> that the bull market is here to stay. After experiencing a bull run for the past three years, the expert highlighted that "the potential for many more years of gains is actually quite high."
That said, he explains that while it's not clear how long this rally will last, investors should be open to the possibility that there's more gas left in the tank.
Mike Mayo, Wells Fargo Securities managing director, <a href="https://www.cnbc.com/video/2024/10/29/wells-fargos-mike-mayo-heres-why-financials-will-benefit-no-matter-who-wins-the-election.html">told</a> CNBC in an interview that regardless of who wins the 2024 presidential election, financials stocks will benefit.
"Wall Street likes certainty over uncertainty," Mayo said, referring to the rules on stress tests and other parameters to measure the health of financial institutions.
"The second thing is common sense regulation. You've already seen this put in place by the current administration… they rolled back the 1000-page report on capital changes."
On the economic data front, the S&amp;P CoreLogic Case-Shiller home price index rose 5.2% year-over-year in August versus a 5.9% gain in July.
U.S. wholesale inventories declined by 0.1% month-over-month to $905 billion in September compared to a revised 0.2% gain in the earlier month.
The U.S. trade deficit increased to $108.2 billion in September from the $94.2 billion gap in the previous month.
See Also: <a href="https://www.benzinga.com/money/best-futures-trading-software">Best Futures Trading Software</a>
Upcoming Economic Data:
<ul>
<li>Mortgage Market and Refinance indices will be released at 7 a.m. ET.</li>
<li>ADP employment numbers will be released at 8:15 a.m. ET.</li>
<li>The preliminary GDP print is scheduled to be released at 8:30 a.m. ET.</li>
<li>Pending home sales data is scheduled to be released at 10 a.m. ET.</li>
<li>Crude oil inventories data will be released at 10:30 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) shares surged nearly 6% in premarket trading after the search giant reported an AI-powered boost in its revenue in Q3, which beat expectations and surged 15% year-on-year.</li>
<li>Advanced Micro Devices Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>) stock felt the pressure, falling 8% in premarket trading after its Q4 revenue guidance fell short of expectations. Other chipmakers, Qualcomm Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) and Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) felt the pressure, too, falling 5% and 0.3% in premarket, respectively.</li>
<li>Snap Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNAP#NYSE">SNAP</a>) shares surged 1.5% in premarket after the company posted slightly better-than-expected revenue, aided by AI.</li>
<li>Reddit Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>) shares jumped nearly 24% after the social media company handily beat revenue expectations thanks to its data licensing and advertising sales.</li>
<li>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) shares were down 1.8% in premarket after "Roaring Kitty" Keith Gill reported in a securities filing that he does not hold a stake in the company anymore.</li>
<li>Investors are awaiting earnings results from Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Microsoft Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Starbucks Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), and Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) today.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures gained in the early New York session, rising 1.03% as preliminary data showed a decline in U.S. inventory levels.
The benchmark 10-year Treasury note yield declined marginally to 4.22%.
Most Asian markets closed in the red on Wednesday, with Chinese markets falling the most, while Japan's Nikkei 225 gained.
European stocks were mostly lower in early trading.
Read Next:
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<li><a href="https://www.benzinga.com/news/24/10/41619340/blackrocks-larry-fink-warns-against-overly-optimistic-fed-rate-cuts-cites-high-embedded-inflation-an">BlackRock&#8217;s Larry Fink Warns Against Overly Optimistic Fed Rate Cuts, Cites High &#8216;Embedded Inflation&#8217; And Predicts Only 1 Reduction This Year</a></li>
</ul>
Photo courtesy: Wikimedia

Futures

Pre-Market Outlook

CHWY

GOOG

GOOGL

HOOD

RDDT

SNAP

US Stocks Likely To Open Higher As Investors Eye GDP Print, Strong Alphabet Results To Kick Off 'Mag 7' Earnings Week: Strategist Flags November As 'Best Month Of The Year' For Markets

<a href="https://www.reuters.com/technology/inside-intel-ceo-pat-gelsinger-fumbled-revival-an-american-icon-2024-10-29/" title="https://www.reuters.com/technology/inside-intel-ceo-pat-gelsinger-fumbled-revival-an-american-icon-2024-10-29/">https://www.reuters.com/technology/inside-intel-ceo-pat-gelsinger-fumbled-revival-an-american-icon-2024-10-29/</a>
Oct 29 (Reuters) - Pat Gelsinger took the reins as Intel (INTC.O), opens new tab CEO three years ago with hopes of reviving the American industrial icon. He soon made a big mistake. 
Intel had a sweet deal going with Taiwan's TSMC (2330.TW), opens new tab, the giant manufacturer of semiconductors for other companies. TSMC would make chips that Intel designed but could not produce. And it was offering deep discounts to Intel, say four people with knowledge of the agreement. 
Instead of nurturing the relationship, Gelsinger – who hopes to restore Intel's own manufacturing prowess – offended TSMC by calling out Taiwan's precarious relations with China. "You don't want all of your eggs in the basket of a Taiwan fab," he said in May 2021, using industry jargon for a chip fabrication plant. That December, encouraging U.S. investment in U.S. chipmakers, he said at a tech conference: "Taiwan is not a stable place, opens new tab." 
In public, TSMCdownplayed, opens new tab the comments, with its founder calling Gelsinger"a bit rude." Privately, TSMC said it would no longer honor the discount, the sources said: about 40% off the $23,000, 3-nanometer wafers on which TSMC would print chips for Intel. Intel had to pay full price, shrinking its profit margin on the deal.

'Intel CEO Gelsinger, Hired In 2021 To Revive Company, Criticized For Key Missteps; Touted AI Chip Pipeline At $1B Despite Internal Projection Of $500M; 18A Manufacturing Delayed Until 2026; Canceled Custom Waymo Chip Deal; Intel Remains Confident, Aiming For Process Leadership By 2025' - Reuters Special Report

Intel Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) announced plans to expand its chip packaging and testing facility in Chengdu, affirming its commitment to the mainland market despite a recent cybersecurity review recommended by a Beijing-backed group.
China remains Intel&#8217;s largest market, contributing 27% of its revenue in 2023, surpassing the 26% from the U.S.
The expanded facility will enhance server chip packaging and testing capabilities while adding a &#8220;customer solutions center&#8221; to boost supply chain efficiency, better support Chinese customers, and reduce response times, SCMP <a target="_blank" href="https://www.scmp.com/tech/big-tech/article/3284195/intel-invests-us300-million-china-chip-packaging-and-testing-plant" rel="noreferrer noopener">cites</a> Intel China&#8217;s WeChat post.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/10/41579787/whats-going-on-with-trump-media-technology-group-stock-on-monday" rel="noreferrer noopener">What&#8217;s Going On With Trump Media &amp; Technology Group Stock On Monday?</a>
SCMP cites the city&#8217;s Reform and Development Commission&#8217;s WeChat post as stating that Intel will invest $300 million in its Chengdu-based entity, Intel Products (Chengdu), to fund the expansion.
Since its launch in 2003, Intel&#8217;s Chengdu plant has packaged and tested over half of its global laptop processors.
This stage, essential in semiconductor manufacturing, ensures product quality and reliability.
This expansion follows closely after the Cyber Security Association of China <a target="_blank" href="https://www.benzinga.com/news/24/10/41383055/china-launches-probe-into-intel-cites-national-security-risks-amid-trade-tensions-with-us" rel="noreferrer noopener">recommended reviewing Intel</a> products sold domestically, pointing to past vulnerabilities in Intel&#8217;s central processors.
China&#8217;s retaliation follows the U.S.&#8217;s artificial intelligence technology sanctions on China, restricting the country from accessing high-end AI chips from Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) and peers, citing national security concerns.
Intel recently reported a $1.6 billion second-quarter loss after a $1.5 billion profit the previous year, mainly due to softened demand in consumer and enterprise sectors, particularly in China.
Intel stock plunged over 52% year-to-date as it failed to capitalize on the enterprises&#8217; AI shift.
KeyBanc analyst John Vinh highlighted Intel&#8217;s server <a target="_blank" href="https://www.benzinga.com/government/24/10/41358664/whats-going-on-with-intel-stock-wednesday" rel="noreferrer noopener">market share decline</a> to Advanced Micro Devices, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMD#NASDAQ">AMD</a>). He also noted Intel&#8217;s absence of a budget-friendly AI CPU for mainstream AI PCs and the growth of Nvidia Corp&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) Blackwell as additional challenges for Intel.
<a target="_blank" href="https://www.benzinga.com/m-a/24/08/40648165/intel-weighs-major-business-split-factory-delays-amid-strategic-review-report" rel="noreferrer noopener">Reports indicated Intel</a> is weighing strategic options, such as separating its product design and manufacturing divisions. The plan may also involve canceling factory projects and exploring mergers and acquisitions.
Qualcomm Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>) recently postponed its strategic bid for Intel until after the November presidential election, a critical factor amid ongoing antitrust scrutiny and geopolitical issues with China.
Investors can gain exposure to Intel through Invesco QQQ Trust, Series 1 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) and SPDR S&amp;P 500 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>).
Price Action: INTC stock is up 0.70% at $23.08 at the last check on Tuesday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41580089/alibaba-becomes-key-holding-in-chinese-fund-managers-portfolio-economic-measures-spark-interest-in-l" target="_blank" rel="noreferrer noopener">Alibaba Becomes Key Holding in Chinese Fund Manager&#8217;s Portfolio, Economic Measures Spark Interest in Leading Tech</a></li>
</ul>
Photo by Tada Images via Shutterstock

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Intel Strengthens Ties with China, Invests $300 Million to Expand Chip Operations

Rosenblatt analyst Hans Mosesmann maintains Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) with a Sell and maintains $17 price target.

Rosenblatt Maintains Sell on Intel, Maintains $17 Price Target

Financial giants have made a conspicuous bullish move on Intel. Our analysis of options history for Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) revealed 33 unusual trades.
Delving into the details, we found 57% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $802,787, and 27 were calls, valued at $1,502,590.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $16.0 to $37.0 for Intel during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Intel stands at 13348.45, with a total volume reaching 22,776.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Intel, situated within the strike price corridor from $16.0 to $37.0, throughout the last 30 days.
<h3>Intel Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730131230_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>INTC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$4.35</td>
<td>$4.2</td>
<td>$4.25</td>
<td>$23.00</td>
<td>$637.5K</td>
<td>26.7K</td>
<td>1.5K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$3.4</td>
<td>$3.35</td>
<td>$3.35</td>
<td>$25.00</td>
<td>$167.5K</td>
<td>25.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$3.4</td>
<td>$3.35</td>
<td>$3.35</td>
<td>$25.00</td>
<td>$167.5K</td>
<td>25.7K</td>
<td>536</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$2.64</td>
<td>$2.59</td>
<td>$2.64</td>
<td>$25.00</td>
<td>$132.0K</td>
<td>18.9K</td>
<td>999</td>
</tr>
<tr>
<td>INTC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$0.66</td>
<td>$0.64</td>
<td>$0.66</td>
<td>$28.00</td>
<td>$68.3K</td>
<td>23.9K</td>
<td>2.0K</td>
</tr>
</tbody>
</table>

<h3>About Intel</h3>
Intel is a leading digital chipmaker, focused on the design and manufacturing of microprocessors for the global personal computer and data center markets. Intel pioneered the x86 architecture for microprocessors and was the prime proponent of Moore's law for advances in semiconductor manufacturing. Intel remains the market share leader in central processing units in both the PC and server end markets. Intel has also been expanding into new adjacencies, such as communications infrastructure, automotive, and the Internet of Things. Further, Intel expects to leverage its chip manufacturing capabilities into an outsourced foundry model where it constructs chips for others.
After a thorough review of the options trading surrounding Intel, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Present Market Standing of Intel</h3>
<ul>
<li>Trading volume stands at 16,527,221, with INTC's price up by 1.92%, positioned at $23.11.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 3 days.</li>
</ul>
<h3>What The Experts Say On Intel</h3>
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $23.666666666666668.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; In a cautious move, an analyst from Stifel downgraded its rating to Hold, setting a price target of $25. 
&#x2A; Maintaining their stance, an analyst from Deutsche Bank continues to hold a Hold rating for Intel, targeting a price of $25. 
&#x2A; Maintaining their stance, an analyst from Goldman Sachs continues to hold a Sell rating for Intel, targeting a price of $21. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Intel with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

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