Intc long ideaQ2 lows Higher low Multiple gaps 2024 bull run 100 dollar potential Longby Master_Traders_MTA117
Intel Stock: Quantum Leap in Technology, Potential Takeoff for IThesis: Intel's recent breakthrough in silicon spin qubits has the potential to revolutionize quantum computing. This advancement could lead to high-volume production of miniaturized quantum processors and interconnected processor networks, significantly boosting Intel's stock price. Key Points: * Intel achieved **99.9% gate fidelity** in silicon-based quantum processors, a significant milestone for scalable and fault-tolerant quantum computers. * This breakthrough leverages Intel's expertise in CMOS manufacturing, enabling **mass production** of quantum processors on a single chip. * Intel envisions a network of interconnected processors, creating a stable and powerful quantum computing platform. * Democratization of quantum computing on silicon could benefit the entire industry and unlock new possibilities. Investment Recommendation: * **Long INTC** with entry at $32.80. * Price targets range from $34.61 to $70, with potential for significant upside. * Stop-loss recommendation at $24.63 for risk management. Why This Matters to Traders: * Intel's leadership in quantum computing positions them for major growth in a rapidly developing field. * The potential applications of quantum computing are vast, impacting various industries and sectors. * Early investment in Intel could provide substantial returns as quantum computing matures.Longby signalmastermind9
Intel trap is set IMO. Maybe a 5% pump here??The area around $14-16 looks like a place I might want to jump in BUT I DOUBT I WILL!! NOT FINANCIAL ADVICE!!!by Polarbearman212125
Intel might has reached the bottom. Retrace might happen soon. All indicators have reached a bottom. This doesn't necessarily imply an immediate pullback by Intel, but it presents a favorable opportunity to buy the dip. The 3-line indicator has hit a triple bottom on the daily chart. The RSI is as low as it was at the beginning of the previous uptrend. The chart shows two green buying signals. While the price of Intel could potentially decrease further, the likelihood of a retracement is higher at this level.Longby ValerianK1111
WSJ Reports Intel Set for $11 Billion Deal With ApolloIntel ( NASDAQ:INTC ) is in advanced talks for a $11 billion deal with Apollo Global Management to build a facility in Ireland. The move comes as Intel ( NASDAQ:INTC ) plans to expand its presence across the United States with a $100-billion spending spree across four states to boost its manufacturing business and catch up with chipmaking rival TSMC. Intel and Apollo are in exclusive talks for the deal, which could be signed in the coming weeks. Other investment firms including KKR and infrastructure investor Stonepeak were also in the running before Apollo recently pulled ahead. Intel forecasted second-quarter revenue and profit below market estimates last month due to weak demand for its traditional data center and personal computing chips. The company announced plans in 2022 to build chip factories in Ireland and France to benefit from easier European Commission funding rules and subsidies. Technical Outlook Intel Corp ( NASDAQ:INTC ) stock is up 3.58% trading below the 200, 100, and 50-day Moving Averages (MA) respectively. Despite the recent development, Intel Corp stock ( NASDAQ:INTC ) has a weak Relative Strength Index (RSI) of 32.62, poised for further growth. Longby DEXWireNews6
Intel - What is going on?Hello Traders and Investors, today I will take a look at Intel Corporation. -------- Explanation of my video analysis: In April of 2022 we saw a major break towards the downside on Intel stock which was then followed by more bearish continuation of roughly -65%. Then Intel retested a multi year long structure and created a pretty decent bullish reversal and a strong (short covering rally). At the moment Intel just rejected previous structure and is now in a massively bearish market soit is best to just wait for this volatility to calm down. -------- Keep your long term vision, Philip (BasicTrading)Long03:39by basictradingtvUpdated 181840
Intel stock Dips as US Slaps Restrictions on Chip Sale to ChinaIntel Corp ( NASDAQ:INTC ) has revised its current-quarter revenue guidance after the US Department of Commerce revoked certain licenses for exporting certain items to a Chinese company. The move comes amid U.S. alarm at Huawei's ability to develop advanced chips, as demonstrated in the Mate 60 Pro smartphone released in August, despite sweeping export controls introduced in 2022. The revoked licenses are the latest tit-for-tat between Washington and Beijing over the sale of advanced semiconductors to China by U.S. firms. The Biden Administration has been putting limits on the sale of such chips, citing national security concerns, while last month, China reportedly told its telecom companies to phase out the use of foreign semiconductors. Intel ( NASDAQ:INTC ) did not disclose who the Chinese company was, but the Financial Times reported that the Biden administration had revoked export licenses that allowed both the U.S. firm and domestic rival Qualcomm (QCOM) to supply chips to Chinese telecom-equipment maker Huawei. The move affects the supply of chips for Huawei’s laptop computers and mobile phones. The move comes amid U.S. alarm at Huawei’s ability to develop advanced chips, as shown in the Mate 60 Pro smartphone released in August, despite sweeping export controls introduced in 2022. The revoked licenses are the latest tit-for-tat between Washington and Beijing over the sale of advanced semiconductors to China by U.S. firms. The Biden Administration has been putting limits on the sale of such chips, citing national security concerns, while last month, China reportedly told its telecom companies to phase out the use of foreign semiconductors. Intel shares were down 2.9% at $29.80 on Wednesday afternoon after the company said it expects revenue for the second quarter to remain in the range of $12.5 billion to $13.5 billion, but below the midpoint. Intel ( NASDAQ:INTC ) shares have lost nearly 38% so far this year.Shortby DEXWireNews336
INTC week chart - completes retracementINTC saw a decade long uptrend until competition from AMD and NVDA likes hit the Co. After forming a double top at 69+ it retraced at fibo .786 to a local low area of 24-25 where the stock consolidated and shaped a double bottom. It bounced off to fibo 0.618 level in 51-52 area and it's sliding again to 0.618 level of the last upward wave. Would consider a 34.8 as entry point with a 32 stop, it should be wave CD in abcd pattern, assuming fading momentum, other headwinds, CD won't last more than 1.272 of BC, hence 55.7 is a mid term targetby mike_volkUpdated 1111
Exhausted?We have reached a hidden bottom characterized by the 1.27 retracement of the rise from the October 2022 low. It marked a support level from June to October 2023 and had served as a resistance from November 2022 to June 2023. This long term relevance makes it interesting today again. If this possible valid support level will result in a bottom building we may see a reversal of the downtrend.Longby motleifaulUpdated 1
INTC is now at a multi-decade lowYou are viewing INTC on a log chart. simple and clean. Downside limit is $29. it is likely we bounce sideways until July/August before liftoff. now is a good time to start DCAing. My plan is to buy 25% of my total investment every 2 weeks from now.Longby novamaticUpdated 3322
Intel Plummets 13% in Almost Four Years After Tepid ForecastIntel Corp., ( NASDAQ:INTC ) the biggest maker of personal computer processors, Plummeted by over 13% the most in almost four years on Friday Market trading after giving a weak forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry. The Sales in the second quarter will be about $13 billion, the company said in a statement Thursday. That is an average analyst estimate of $13.6 billion. Chief Executive Officer Pat Gelsinger signals a push to regenerate Intel ( NASDAQ:INTC ) back to its feets. Once the world’s dominant chipmaker, the company is lagging behind rivals such as Nvidia Corp. and Taiwan Semiconductor Manufacturing Co. in revenue and technological know-how. Business has been slower than for Intel Corp ( NASDAQ:INTC ) Chief Financial Officer Dave Zinsner said he expected an improvement later this year. Intel ( NASDAQ:INTC ) also wasn’t able to meet all the demand for processors used in new AI-enabled PCs because its packaging facilities weren’t able to produce enough components. Intel ( NASDAQ:INTC ) shares fell as much as 13% in New York to $30.64, the biggest intraday decline since July 2020. The stock had already declined 30% this year through the close on Thursday, making it the second-worst performer on the Philadelphia Stock Exchange Semiconductor Index. In the First quarter, the California-based company had a profit of 18 cents a share, excluding certain items, and revenue of $12.7 billion. Analysts had estimated a profit of 13 cents a share and sales of $12.7 billion. The chipmaker is reporting earnings for the first time under a new business structure that shows the financial performance of its manufacturing operations. Gelsinger has said the approach is a necessary step to make operations more efficient and competitive. Intel ( NASDAQ:INTC ) also has been building up a foundry business, which manufactures components for outside companies on a contract basis. This month, the company gave investors the first look at the financial state of its factory network. Spending on new plants has caused losses to widen, and Intel ( NASDAQ:INTC ) doesn’t expect the business to reach a break-even point for several years. Intel Foundry, the new division responsible for manufacturing, had sales of $18.9 billion in 2023, down from $27.5 billion the previous year. The unit had revenue of $4.4 billion in the first quarter of 2024. The foundry business had an operating loss of about $2.5 billion in the first quarter, wider than the losses posted in the preceding quarter and the one a year earlier. The company’s PC-related chip sales were $7.5 billion, compared with an average estimate of $7.4 billion. Its data center and AI division had revenue of $3 billion, in line with Wall Street projections. Networking chips provided nearly $1.4 billion of sales, beating an average estimate of $1.3 billion. Gross margin — or the percentage of sales remaining after deducting the cost of production — was 45.1% in the quarter. That closely watched measure, which reflects the efficiency of Intel’s manufacturing operations, will be 43.5% in the current period. Historically Intel has posted margins of more than 60%. Intel ( NASDAQ:INTC ) remains optimistic about the second half of the year because it’s rolling out a new version of the Gaudi chip — its answer to the red-hot AI accelerators sold by Nvidia. That product line will bring in about $500 million in sales this year, once the latest version goes on sale, Intel projected. Zinsner said "Intel Corp ( NASDAQ:INTC ) is also making progress at reining in costs and expects the manufacturing business to break even in the “next couple of years,”. Gelsinger said the company has signed up another customer for a production technology called 18A, which Intel ( NASDAQ:INTC ) will introduce in 2025. That brings the total to six. The customer, which Intel didn’t identify, is in the aerospace-defense industry and wants production located in the US, Gelsinger said. Technical Outlook Intel Corp ( NASDAQ:INTC ) stock was down by 11% on Friday market trading below the 200-day Moving Average (MA) with a weak Relative Strength Index (RSI) of 23 indicating an oversold condition for the ticker.Shortby DEXWireNews4
Bounce it?Updated idea model with redrawn support lines. Should bounce here, if not i'm buying more shares at 32 and 24 if it gets that low.Longby The_GainsUpdated 7
Long term strategyThis could be a great opportunity to gather passive income. The price is landing on a strong monthly support at 33-34. The next support level is at 28. Buy here and sell covered calls. Example: 100 stocks at 34.4 = $ 3440 1 covered call exp 05/24 a month from now. Strike 36. Cost $ 108. Profit %: 100*(108/3440) = 3.13% a month. If you do it every month is close to 38% a year. If the stocks are assigned even more. Longby ArturoL4
Trend continuation on IntelInnovation and Market Leadership: Intel's ongoing investment in cutting-edge technologies such as neuromorphic computing and AI could secure its market leadership and open new revenue streams. Strategic Partnerships and Expansions: The construction of new fabrication facilities with a focus on advanced chip manufacturing could enhance Intel's competitive edge, particularly in the U.S. where it benefits from government subsidies under the CHIPS Act. Recovery in Demand: An upturn in the semiconductor market, driven by renewed demand in sectors like data centers and AI, could lead to better financial performance. Cost-Cutting Measures: Intel's aggressive cost-reduction strategies are aimed at improving profitability, which could be well-received by investors if successfully executed.Longby Cidoguy2
Intel Corporation (INTC) Technical Analysis ReportIntel Corporation's (NASDAQ: INTC) chart presents a bearish scenario as depicted in the daily time frame. The stock closed at $34.20, marking a decline of 2.40% from the previous session. The market's sentiment towards INTC seems to be dominated by sellers, which is further reinforced by several technical indicators and chart patterns. Price Action & Volume: The recent price action is captured within a downtrend, characterized by consecutive red candlesticks indicating a strong selling pressure. The increased volume on down days, compared to the volume on up days, corroborates the bearish momentum. Fibonacci Retracement: The Fibonacci retracement levels, drawn from the swing high at approximately $45.41 to the swing low around $40.57, reveal that the price has breached the critical support levels at 0.618 ($42.96) and has even passed below the 0.786 ($41.61) retracement level. The break below these levels suggests a lack of bullish momentum and could lead to a potential test of the next Fibonacci extension level at 1.618 ($37.58). Ichimoku Cloud: The Ichimoku Cloud, consisting of the Senkou Span A and B, is clearly bearish with the price trading below the cloud. The cloud's future projection also suggests a continued bearish outlook. Moving Averages: A death cross, indicated by the 50-day moving average crossing below the 200-day moving average, hints at a potential long-term bearish trend for INTC. MACD & RSI: The Moving Average Convergence Divergence (MACD) shows a bearish crossover, with the MACD line (blue) crossing below the signal line (orange). The histogram remains in the negative territory, further validating the bearish momentum. The Relative Strength Index (RSI) is hovering close to the oversold boundary but remains above 30, indicating that there might be some room left for further downward movement before any potential reversal due to oversold conditions. On-Balance Volume (OBV): The On-Balance Volume (OBV) line has been on a decline, which typically signifies that volume on down days is outpacing volume on up days, indicating that sellers are in control. Speculative Price Targets: Bearish Scenario: If selling pressure continues, we may see the price target the 1.618 Fibonacci extension level at $37.58. A breach below this level could pave the way for a further decline towards the 2.618 extension at $32.74. Bullish Scenario: For a reversal to be considered, INTC would need to reclaim the 0.786 Fibonacci level at $41.61 and sustain above it. An optimistic target would be a retest of the 0.382 level at $43.57, although this would require a significant shift in market sentiment. Conclusion: In conclusion, Intel Corporation’s stock presents a bearish technical setup. Traders should keep an eye on the aforementioned technical levels for potential entry or exit points. Given that the next earnings report is due in six days, investors should be prepared for increased volatility. It is recommended to set tight stop losses to mitigate risks due to potential market swings influenced by forthcoming corporate earnings or macroeconomic events. As always, conduct thorough due diligence and consider multiple scenarios when formulating a trading strategy.by AxiomEx2
INTCLooks like a possible buy zone incoming. April 25th earnings and future outlook could aid in a move higher going into July potentially filling the gap in the $40's.Longby SupernaturalSpiritAnimal4
I'm going to short thisSee the double top? When the markets open today I'll put a sell order, prices is testing the broken support. At the same time SPY is testing the 500 level and I think is going to be rejected again so expect another sell off soon. Is going to take more for the market to break out the 500 level. We will see a lot of volatility in on the upcoming days and I intend to use it in my favor.Shortby ArturoLUpdated 223
INTC Analysis: Potential Rebound from Support towards ResistanceTicker: INTC (Intel Corporation) Current Price: $36.49 Support and Resistance Zones: INTC is currently showing signs of bouncing off a crucial support zone, delineated by a purple rectangle spanning from $35.50 to $37. This area has historically attracted buying interest and is pivotal for the stock's current movement. Looking ahead, we have identified a resistance zone marked by another purple rectangle, ranging from $41.50 to $42. If the bullish momentum continues, this zone could be the next target for potential price movement. Technical Indicators: - RSI (Grey Line): The RSI stands at approximately 32.23, suggesting a slightly oversold condition. This indicates a potential for upward movement as buying interest may increase. - ADX (White Line): The ADX is at 27.39, indicating moderate strength in the current trend. A rising ADX could signify increasing momentum in the stock's movement. Analysis and Strategy: INTC started the day at $36.02 and is currently showing resilience around the support zone. The convergence of the RSI near oversold levels and the ADX showing moderate trend strength implies a potential rebound scenario. Traders may consider monitoring price action around the support zone for confirmation of a bounce. If the price shows strength and breaks above the resistance zone at $37, it could signal a bullish continuation towards the $41.50 to $42 range. Conclusion: INTC's current technical setup suggests a possible rebound from the support zone towards resistance levels. Traders should remain vigilant for confirmation signals and adjust their strategies accordingly to capitalize on potential price movements within these key zones.by maybethatguy4
Looking strongly bearish on INTC at close today. 🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life! Short01:47by OptionsMastery3
INTC critical support at $37: need a Dead Dinosaur bounce hereIntel may now be the Dinosaur of the industry. Just hit a major support that bulls must hold. Expecting at least a small bounce if not bottom. $ 36.56 - 37.03 is the critical support to hold. $ 31.30 - 31.88 is the next strong support below. $ 41.08 - 41.24 is the minimum bounce needed. ===========================================by EuroMotif2
IntcLook for a bounce back to 40-41 here off trendline support. Daily candle closing outside Bbands and hourly oversold! Long over 37.00 Target 40.00 or 200sma Stop loss 36.00Longby ContraryTrader6620
Long ↗️if we look at a weekly candle, we see that the price is on wave c (i.e. the last wave before we go up) + we are on a strong support area 37_37.2, I buy with a long-term view, if you think about the short-term, it is a good buying position and sell at 39.68Longby KAIM1777110
INTC to $50?So much confluence here its insane. Between the .786 Fib being a magnet for the .236 and price touching the bottom on the rising parallel channel.\ buy buy buy buy. I'm long 30k shares LOL Longby The_Gains3310