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Intc
Entry $43.75 area
Target $56.75
stoploss $40.75
Why this play?
ER highlight
Intel Q2 Adj. EPS $1.23 Beats $1.10 Estimate, Sales $19.70B Beat $18.55B Estimate
BZ Wire
Intel (NASDAQ:INTC) reported quarterly earnings of $1.23 per share which beat the analyst consensus estimate of $1.10 by 11.82 percent. This is a 16.04 percent increase over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $19.70 billion which beat the analyst consensus estimate of $18.55 billion by 6.20 percent. This is a 19.36 percent increase over sales of $16.50 billion the same period last year. -Reuters
see link below for more info
newsroom.intel.com/w...ings-infographic.pdf
Intel had an amazing ER, They had a record quarter pulling in 19.7 Billion in revenue, If you don't think that's a lot. look at what AMD makes.
They still have a lot of things going on for them but they are having issues with the new processor delay. That's why the stock dropped so significantly.
I personally would start adding position at $47 and double down at $43.75, this is a huge company that pays dividend too so I don't see them going on a death spirial.
I am sure they will recover eventually. Plus they are also looking at TSM to help them manufacture the chips (this is the same process that amd uses. they design and pay tsm to make).
If the deal with TSM goes thru, then both company will pop and go up.
What is Intc?
Intel Corporation provides computing, networking, data storage, and communication solutions worldwide. It operates through Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, Client Computing Group, and All Other segments. The company offers platform products, such as CPU and chipset, system-on-chip, and multichip package products for cloud, enterprise, and communication infrastructure markets. It also provides NAND flash memory and DC persistent products for enterprise and cloud-based data centers, and users of business and consumer desktops and laptops; programmable semiconductors, such as field-programmable gate arrays, application-specific integrated circuits, and related products for communications, data center, industrial, and military markets; and various processors for notebooks, mobiles, and desktop PCs. In addition, it offers boards and systems, such as server boards and small form factor systems; and connectivity products for cellular modems, Ethernet controllers, silicon photonics, Wi-Fi, and Bluetooth. Further, the company develops computer vision and machine learning- based sensing, data analysis, localization, mapping, and driving policy technologies for advanced driver assistance systems and autonomous driving. It serves original equipment manufacturers, original design manufacturers, industrial and communication equipment manufacturers, and cloud service providers.
Intc
Entry $43.75 area
Target $56.75
stoploss $40.75
Why this play?
ER highlight
Intel Q2 Adj. EPS $1.23 Beats $1.10 Estimate, Sales $19.70B Beat $18.55B Estimate
BZ Wire
Intel (NASDAQ:INTC) reported quarterly earnings of $1.23 per share which beat the analyst consensus estimate of $1.10 by 11.82 percent. This is a 16.04 percent increase over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $19.70 billion which beat the analyst consensus estimate of $18.55 billion by 6.20 percent. This is a 19.36 percent increase over sales of $16.50 billion the same period last year. -Reuters
see link below for more info
newsroom.intel.com/w...ings-infographic.pdf
Intel had an amazing ER, They had a record quarter pulling in 19.7 Billion in revenue, If you don't think that's a lot. look at what AMD makes.
They still have a lot of things going on for them but they are having issues with the new processor delay. That's why the stock dropped so significantly.
I personally would start adding position at $47 and double down at $43.75, this is a huge company that pays dividend too so I don't see them going on a death spirial.
I am sure they will recover eventually. Plus they are also looking at TSM to help them manufacture the chips (this is the same process that amd uses. they design and pay tsm to make).
If the deal with TSM goes thru, then both company will pop and go up.
What is Intc?
Intel Corporation provides computing, networking, data storage, and communication solutions worldwide. It operates through Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, Client Computing Group, and All Other segments. The company offers platform products, such as CPU and chipset, system-on-chip, and multichip package products for cloud, enterprise, and communication infrastructure markets. It also provides NAND flash memory and DC persistent products for enterprise and cloud-based data centers, and users of business and consumer desktops and laptops; programmable semiconductors, such as field-programmable gate arrays, application-specific integrated circuits, and related products for communications, data center, industrial, and military markets; and various processors for notebooks, mobiles, and desktop PCs. In addition, it offers boards and systems, such as server boards and small form factor systems; and connectivity products for cellular modems, Ethernet controllers, silicon photonics, Wi-Fi, and Bluetooth. Further, the company develops computer vision and machine learning- based sensing, data analysis, localization, mapping, and driving policy technologies for advanced driver assistance systems and autonomous driving. It serves original equipment manufacturers, original design manufacturers, industrial and communication equipment manufacturers, and cloud service providers.
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Also don't forget to check my other pages beacons.ai/diywallst