Intel’s New Chips Fail To Impress Wall Street

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Intel Corporation ($NASDAQ:INTC) is a major American multinational company that designs, manufactures, and sells computer hardware, software, and other related technologies. Recently, the company launched its new range of chips, but this did not impress Wall Street. Analysts believe that Intel’s chips are not sufficiently advanced to compete with the offerings of new and upcoming competitors in the market. Furthermore, Intel’s stock price has been decreasing since the launch of its newest chips.

Despite this, Intel remains the leading chipmaker in the world, and its technology is used by many of the top companies in the tech industry. The company has invested heavily in research and development to maintain its leadership position in the chip market but it seems that their efforts were not enough to capture the markets attention. Going forward, Intel will have to continue to work hard to develop more advanced chips that are capable of competing with its rivals in order to regain investor confidence.

Market Price

On Tuesday, Intel Corporation unveiled its new line of chips, but the announcement failed to impress Wall Street as the stock opened at $45.6 and closed at $46.7. This was only a 2.1% increase from the previous closing of $45.7. Despite the lackluster market reaction, Intel is confident that its new products will drive future growth for the company.

The chipmaker has announced that the new chips will enable faster data processing and improved AI capabilities. While many investors remain uncertain, Intel’s commitment to innovation will be sure to drive future success for the company. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Intel Corporation. More…

Cash Flow Snapshot

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Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Intel Corporation. More…

Key Ratios Snapshot

Some of the financial key ratios for Intel Corporation are shown below. More…

Analysis

At GoodWhale, we analyze INTEL CORPORATION‘s fundamentals to help investors make the best decisions when it comes to investing their money. From our Star Chart, it’s clear that INTEL CORPORATION is strong in asset, dividend, and profitability, and weak in growth. Additionally, INTEL CORPORATION has a high health score of 8/10. This means it is capable of safely riding out any crisis without the risk of bankruptcy given its cashflows and debt. Based on this information, we classify INTEL CORPORATION as a ‘cow’, meaning it has the track record of paying out consistent and sustainable dividends. This type of company may be particularly attractive to investors seeking a steady and reliable source of income. Investors looking for higher than average returns may be less interested in this type of company, however. More…

Peers

With the ever-growing competition in the world of technology, it is no surprise that there is a constant battle between the top companies in the industry. One such battle is between Intel Corp and its competitors Micron Technology Inc, GLOBALFOUNDRIES Inc, and Advanced Micro Devices Inc. All three companies are constantly trying to one-up each other in order to stay ahead in the race to be the best.

– Micron Technology Inc ($NASDAQ:MU)

The company’s market cap as of 2022 is 58.16B. The company’s ROE is 12.3%. The company is a leading provider of semiconductor solutions. The company’s products include DRAM, NAND, NOR and other flash memory products. The company’s products are used in a variety of applications, including mobile devices, computers, servers, storage devices and consumer electronics.

– GLOBALFOUNDRIES Inc ($NASDAQ:GFS)

GLOBALFOUNDRIES Inc is a leading semiconductor foundry that provides advanced technology solutions to clients across the globe. The company has a market cap of 26.85B as of 2022 and a ROE of 5.09%. GLOBALFOUNDRIES Inc offers a wide range of foundry services, including logic, memory, mixed-signal/RF, and embedded processor technologies. The company has a strong client base that includes some of the world’s leading semiconductor companies.

– Advanced Micro Devices Inc ($NASDAQ:AMD)

Advanced Micro Devices, Inc. (AMD) is an American multinational semiconductor company based in Santa Clara, California, that develops computer processors and related technologies for business and consumer markets. Its main products include microprocessors, motherboard chipsets, embedded processors and graphics processors for servers, workstations and personal computers, and embedded systems applications.

As of 2022, AMD has a market capitalization of $93.57 billion and a return on equity of 4.13%. The company’s products are used in a variety of electronic devices, including personal computers, game consoles, servers, and mobile devices.

Summary

Intel Corporation, one of the world’s largest chip makers, recently unveiled its new chip series in an attempt to excite Wall Street investors.

However, the results were disappointing, affecting Intel’s stock prices and the sentiment of shareholders. The Intel Corporation’s latest chips were met with skepticism due to market concerns about the company’s ability to compete with other chip makers. Intel’s major competitors in the chip market, such as AMD and Qualcomm, have shown more advanced and efficient technology for processors, overshadowing Intel’s lackluster performance. As a result, Intel’s stock is trading at a low level, and investors are becoming hesitant to invest in Intel. Intel has promised future improvements and advancements in their chip series, but many investors remain unconvinced.