Intel Shares Trade in the Middle of a Range Ahead of Earnings

Chipmaker Intel (NAS100:INTC) has Q2 earnings ahead this week, analysts will look to see how the company’s turnaround is working.

INTC – Daily Chart

INTC – Daily Chart

INTC trades $23.38 and is in the middle of the range from $18.86 to $26.44.The recent activity is bullish and a surprise could head for the resistance level.

Intel is expected to report a bad quarter on Thursday and is not expected to be profitable as new CEO Lipu Tan starts the restructuring of the company. Intel is losing big market share to AMD and Nvidia and it could take some time for strength. However, AMD has started to see a strong performance as it adjusts its business model to target AI-driven revenue flows.

Earnings estimates for 2025 and 2026 have plunged at Intel compared to the last quarter. The majority of Wall Street analysts now view Intel as a hold or sell. The problem with Intel is that they are at an early stage of AI thoughts. Near-term guidance is weak and companies like TSMC and Nvidia are dominating the industry.

Analysts will be watching the earnings call to see if management has plans to close the gap on the AI leaders.

Recent News
Start Trading Now !
Try our demo account for free to learn trading. When you’re ready, switch to a live account and start trading for real.
Popular posts
ATFX

Account Registration Unavailable

Please note that you may be accessing this page from outside Australia. For retail and professional inquiries regarding AT Global Markets (Australia) Pty Ltd, kindly reach out to us at [email protected].

ATFX

🌍 Welcome to ATFX!

To provide you with the best trading experience in Iraq, please visit our localized website:

There, you’ll find all products, services, and contact information tailored specifically for you. Thank you for choosing ATFX!

ATFX

Restrictions on Use

Please note, you may be accessing this page from outside Australia. Products and Services on https://www.atfx.com/en-au/ may not be suitable in your country. The information provided should not be considered as an offer, solicitation, or distribution for any investments.

Restrictions on Use

Products and Services on https://www.atfx.com/en-au/ are not suitable in your country. The information provided should not be considered as an offer, solicitation, or distribution for any investments.

Choose another region to see content specific to your location.

ATFX

Restrictions on Use

Products and Services on this website are not available for Hong Kong investors and not related to any corporation licensed by the Securities and Futures Commission in Hong Kong.

All the information and materials posted on this website should not be regarded as or constitute a distribution, an offer, solicitation to buy or sell any investments.

使用限制:本網站的產品及服務不適用於香港投資者及與任何香港證監會持牌公司無關。

網站內部的信息和素材不應被視為分銷,要約,買入或賣出任何投資產品。

ATFX

Restrictions on Use

AT Global Markets (UK) Limited does not offer trading services to retail clients.
If you are a professional client, please visit https://www.atfxconnect.com/