Added to YB: 2026-04-28
Pitch date: 2026-04-24
INTC [neutral]
Intel Corporation
+1.58%
current return
Author Info
No bio for this author
Company Info
Intel Corporation designs, develops, manufactures, markets, sells, and services computing and related end products and services in the United States, Ireland, Israel, and internationally.
Market Cap
$414.8B
Pitch Price
$83.67
Price Target
N/A
Dividend
N/A
EV/EBITDA
30.61
P/E
-122.61
EV/Sales
8.19
Sector
Semiconductors and Semiconductor Equipment
Category
growth
Intel's 1Q26 Earnings: The CPU Thesis Arrived; The Foundry Thesis Didn't
INTC (earnings): Q1 rev guidance $13.8-14.8B crushed $13B est; unfilled demand 'starts with a B' per CFO. DCAI margins exploded 14%→31% in 4 qtrs on supply constraints + pricing power. Xeon 6 wins Nvidia DGX Rubin design; Google LTA locked in multi-yr volumes. CPU-to-GPU ratio favors Intel as AI shifts training→inference/agentic (1:7→1:1). Custom ASIC rev >$1B run-rate. Bull case: product cash funds foundry before AI capex slows. Bear case: 18A yields ahead but Intel routes own flagship chips to TSMC N2; foundry lost $2.4B, adj FCF still -$2.0B; AMD holds 41% server share. Stock +15-20% AH to $76-82. Race between product flywheel accelerating vs foundry burning cash.
Read full article (13 min)