In recent years, certain GPU makers like Nvidia have seen their share prices soar. But not Intel (INTC -2.29%). Over the past 12 months alone, shares of the struggling chipmaker have crashed by nearly 50%, sending the company's market capitalization below $100 billion for the first time in year.Intel's management team says it has a plan to reinvigorate growth. But before that happens, investors should prepare for a reverse stock split. Here's why Intel might execute a reverse stock splitA stock split typica ...

Core Viewpoint - JP Morgan analyst Harlan Sur reiterated an Underweight rating on Intel Corp with a price forecast of $23 following Intel's announcement of a 51% stake sale of its programmable chip business, Altera, to Silver Lake Management for $4.46 billion, valuing Altera at $8.75 billion [1][4] Group 1: Transaction Details - Intel sold a 51% stake in Altera for $4.46 billion, which values the company at approximately 5.7 times its projected calendar 2024 sales [1] - The deal marks Intel's first significant strategic move under new CEO Lip-Bu Tan, aligning with the company's turnaround strategy and refocusing on its core x86 businesses [3][4] - Altera generated $1.54 billion in revenue last year, leading to a deal value of 6 times calendar 2024 sales, with an estimated revenue growth to $1.6 billion (+4%) by calendar 2025 [3] Group 2: Historical Context and Financial Impact - Intel originally acquired Altera for $16.7 billion in December 2015 at 9 times calendar 2014 sales, but the current transaction reflects a lower revenue profile due to a 20% revenue decline over the past 10 years compared to 87% growth in the semiconductor industry [2][4] - The sale is expected to strengthen Intel's balance sheet amid a challenging macro environment, as the company plans to de-consolidate Altera from its financial statements [4] Group 3: Leadership Changes - Raghib Hussain will succeed Sandra Rivera as CEO of Altera effective May 5, previously serving as President of Products and Technologies at Marvell Technology, focusing on AI chips and networking solutions [5] Group 4: Analyst Projections - Harlan Sur projected Intel's first-quarter revenue at $12.2 billion with an adjusted EPS of $0.00, while the stock closed lower by 2.26% at $19.85 on Tuesday [6]

Core Insights - Intel Corporation (NASDAQ: INTC) was initially rated as a "Hold" in late January 2024, with a recommendation to "avoid the laggard" due to its underperformance in the market [1] Group 1 - The article highlights that Intel is currently facing challenges and is not seen as a strong investment opportunity [1] - The author, Daniel Sereda, is a chief investment analyst at a family office, indicating a professional background in navigating complex investment landscapes [1] - The investing group "Beyond the Wall Investing" provides access to high-quality analysis and insights similar to those used by institutional market participants [1]

Intel Corporation (INTC) recently announced that it has entered into a definitive agreement to sell a 51% ownership stake in Altera business to Silver Lake, a prominent global technology investment firm. The deal, which values Altera at $8.75 billion, marks a significant strategic move for Intel, establishing Altera as an independent entity and the largest pure-play FPGA (field-programmable gate array) semiconductor solutions provider. Intel will continue to hold the remaining 49% ownership stake in Altera ...

I’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d like my service to revolve around is momentum.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within th ...

Nationally ranked stock picker for 30 years. Victory Formation and Bottom Fishing Club quant-sort pioneer.....Paul Franke is a private investor and speculator with 38 years of trading experience. Mr. Franke was Editor and Publisher of the Maverick Investor® newsletter during the 1990s, widely quoted by CNBC®, Barron’s®, the Washington Post® and Investor’s Business Daily®. Paul was consistently ranked among top investment advisors nationally for stock market and commodity macro views by Timer Digest® during ...

PLAINVIEW, N.Y., April 15, 2025 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (NASDAQ: VECO) is proud to announce that it has earned the exclusive Intel EPIC Supplier Award for 2025. This award recognizes the top performers in the Intel supply chain for their world-class commitment to continuous improvement and performance excellence over the past year. “Congratulations to Veeco on receiving the Intel EPIC Supplier Award, Intel’s highest supplier recognition,” said Frank Sanders, corporate vice president and g ...

Analyst's Disclosure: I/we have a beneficial long position in the shares of INTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I recently published a piece on Intel (NASDAQ: INTC ) on January 21, 2025, suggesting it was a buy at $22/share (since then it has fallen by 1 ...

市场消息：银湖私募将支付34亿美元现金来购买英特尔公司持有的Altera股份。 ...

On Monday, Intel Corp INTC announced plans to sell 51% of its Altera business to Silver Lake at a valuation of $8.75 billion.Intel will own the remaining 49% of the Altera business, enabling it to participate in Altera’s future success while focusing on its core business.Intel also announced that Raghib Hussain will succeed Sandra Rivera as CEO of Altera, effective May 5. Also Read: Taiwan Semiconductor Clocks Massive Q1 Revenue Growth Despite US TensionsThe transaction will likely close in the second half ...