Intel’s Comeback


  • Due to cost-cutting measures, Intel’s Q3 2023 operating income for its CCG increased by 43%.
  • The Data Center and AI segment turned a profit in Q3 2023 after reporting a loss in the same period last year.
  • Intel showcased progress in its IDM 2.0 transformation strategy with successful product launches and advancements in EUV manufacturing.
  • Due to Intel stock price’s positive correlation with revenue estimates, any positive revenue forecast revisions could further boost INTC to previous all-time highs of $60-$68 by 2025-2026.
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Investment Thesis

Since we wrote our piece and pointed to a bottom for Intel Corporation’s (NASDAQ:INTC) stock around ~$25, there has been a meteoric rise in value, underscoring the company’s strong market recovery and investor confidence.

The narrative has significantly

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.

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Author of Yiazou Capital Research

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