IntelNASDAQ: INTC

Intel Is Prepping a Monster Server CPU for 2025

Intel's stock has experienced ups and downs, but their Q3 results indicated improvements in cutting costs and a chance for recovery, which has made investors more hopeful. The introduction of new AI CPUs and the Gaudi 3 AI accelerator could help increase growth in Intel's Client Computing and Data Center sectors. Additionally, Intel's foundry business has opportunities for growth, such as a custom AI chip agreement with Amazon and a $3 billion grant from the Chips and Science Act.

Intel Corporation's stock has increased by 28% since I recommended buying it, but it is still undervalued, trading at book value due to market negativity. In the third quarter, revenues exceeded expectations at around $13.3 billion, showing good growth in Data Center and AI, even though PC sales have been slow, affecting Client Computing revenue. Intel's $10 billion cost-saving strategy is progressing well, which could improve operating margins, but there are risks from delays in CHIPS Act grants and changes in administration.

Dublin, Nov. 18, 2024 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com has released a report titled "AI Quality Inspection Market - Forecasts from 2024 to 2029." The market for AI quality inspection is projected to grow at a rate of 20.53% annually, increasing from US$27.808 billion in 2024 to US$70.747 billion by 2029. This technology is increasingly used in various industries, such as semiconductors, pharmaceuticals, textiles, and automotive manufacturing, due to its accuracy and efficiency in identifying product inconsistencies.

Could investing in Intel stock make you a millionaire?

Intel (INTC) has recently caught the attention of Zacks.com users. Therefore, it's important to look into what the future holds for this stock.

During the ongoing two-year bull market, many semiconductor stocks are doing well, but Intel (NASDAQ: INTC) is facing challenges. The company has not adapted quickly to the rise of AI, and it is experiencing falling revenues, a decrease in market share, and cost-cutting efforts that have worried investors.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Executives from Intel Corporation will take part in investor events at the UBS Global Technology Conference and the Barclays Global Technology Conference.

What impact will the new Trump administration have on the funding for Intel's essential CHIPS Act?