Amundi Grows Position in Intel Corporation $INTC

Amundi boosted its position in shares of Intel Corporation (NASDAQ:INTC - Free Report) by 14.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 38,969,192 shares of the chip maker's stock after acquiring an additional 5,045,936 shares during the period. Amundi owned 0.78% of Intel worth $1,719,710,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. iA Global Asset Management Inc. boosted its stake in Intel by 17.0% during the fourth quarter. iA Global Asset Management Inc. now owns 593,043 shares of the chip maker's stock valued at $21,883,000 after buying an additional 86,189 shares during the last quarter. Whalerock Point Partners LLC bought a new stake in Intel in the 4th quarter worth approximately $205,000. Heritage Investment Group Inc. purchased a new position in shares of Intel in the 4th quarter worth $219,000. Dixon Mitchell Investment Counsel Inc. purchased a new position in Intel in the fourth quarter worth about $185,000. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Intel by 5.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 255,261 shares of the chip maker's stock valued at $9,419,000 after buying an additional 13,858 shares during the period. 64.53% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Strong earnings and analyst support: Intel’s second-quarter results exceeded expectations, with revenue of approximately $16.1 billion and year-over-year growth of more than 25%. Bank of America reaffirmed its “Buy” rating and set a $160 price target, while other analysts raised fair-value estimates following stronger AI-related server CPU demand. Intel Stock Is Falling Tuesday: What's Going On
• Positive Sentiment: Improving data-center economics: Wells Fargo reported that Intel’s server pricing power and data-center gross margins have improved, supporting the view that AI infrastructure demand is strengthening the company’s core CPU business. Intel's Server Pricing Power Shows Sharp Improvement
• Positive Sentiment: Foundry and packaging progress: Intel’s planned collaboration with Lens Technology on glass-substrate packaging could improve power efficiency and performance for AI and next-generation chips. The company also recently added Fortinet as a foundry customer, offering potential long-term support for its manufacturing turnaround. Can Intel's Advanced Packaging Tie-Up With Lens Technology Aid Shares?
• Neutral Sentiment: Execution remains the key test: Intel plans to increase capital spending above $20 billion in 2026, with even higher spending expected in 2027 to expand foundry capacity. Investors must weigh the potential benefits against the financial demands and risks of executing the turnaround. Intel’s Capex Plans Offer a Quiet Positive for the Foundry Business
• Negative Sentiment: Sector-wide risk aversion: Chip stocks are retreating amid fears that AI-related valuations have become excessive, rising costs may limit returns on AI investment, and competition from China is intensifying. Intel is being sold alongside AMD, Marvell, Micron and ASML, while investors are concentrating more heavily on Nvidia. Chip Stocks Extend Pullback Amid AI Bubble Fears
• Negative Sentiment: Valuation and profit-taking concerns: After a major rally earlier in 2026, investors are questioning whether Intel’s recovery is already priced in. Concerns about elevated valuation, potential Federal Reserve surprises and the timing of earnings growth are encouraging profit-taking despite the strong quarter.

Analyst Ratings Changes

Several research firms have commented on INTC. Jefferies Financial Group began coverage on shares of Intel in a research note on Thursday, June 11th. They set a "buy" rating for the company. Melius Research set a $150.00 price objective on Intel in a report on Monday, May 18th. Benchmark upped their price objective on Intel from $105.00 to $140.00 and gave the company a "buy" rating in a research report on Monday, May 18th. New Street Research increased their target price on Intel from $100.00 to $122.00 in a research note on Friday, June 26th. Finally, Bank of America reaffirmed a "buy" rating and set a $160.00 price target on shares of Intel in a research note on Tuesday. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twenty-nine have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $107.93.

Intel Trading Down 5.9%

Shares of NASDAQ:INTC opened at $86.30 on Wednesday. Intel Corporation has a 12-month low of $18.97 and a 12-month high of $142.35. The business's fifty day simple moving average is $115.02 and its 200-day simple moving average is $79.02. The company has a market capitalization of $435.30 billion, a PE ratio of -40.90 and a beta of 2.18. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.21 by $0.21. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.The firm had revenue of $16.13 billion during the quarter, compared to analysts' expectations of $14.43 billion. During the same period in the prior year, the business posted ($0.10) EPS. The firm's quarterly revenue was up 25.2% on a year-over-year basis. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. As a group, equities research analysts predict that Intel Corporation will post 0.7 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Boise April Miller sold 40,256 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the completion of the sale, the executive vice president owned 105,077 shares of the company's stock, valued at $10,458,313.81. This represents a 27.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.05% of the stock is owned by insiders.

Intel Profile

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel's core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel's product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.

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