Intel Q3: Management Is Back On Track

Summary:

  • Intel is fairly valued by traditional standards—I estimate a potential 20% gain in enterprise value over two years, making it a Moderate Buy.
  • Q3 results showed mixed performance, but management’s cost-cutting and raised guidance indicate a potential return to growth in 2025 and 2026.
  • Intel’s foundry services aim for significant expansion, but challenges remain against TSMC. Management’s general operational strategy focuses on efficiency and prioritizing high-growth areas.
  • Investors should expect moderate returns, with Intel’s fair enterprise value estimated at $152 billion by 2026—consider selling if the market cap hits $150 billion in 2025.

US-China chip war. Semiconductor industry. Geopolitical battleground. Tensions in US-China semiconductor reshape chip stocks and Taiwan"s tech landscape, driving innovation amid export restrictions.

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In my Q3 earnings preview of Intel (NASDAQ:INTC)(NEOE:INTC:CA), I outlined a 12-month market cap target of slightly over $150 billion—in this analysis, my two-year discounted EBITDA model shows that the stock is realistically


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