Top 11 AI News and Ratings You Probably Missed

3. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 68

Intel Corporation (NASDAQ:INTC) designs, manufactures and markets a wide range of computing products and services, including processors, memory, AI solutions, and advanced driver assistance systems, serving diverse industries globally.

On January 30, Intel (NASDAQ:INTC) reported Q4 non-GAAP EPS of $0.13, surpassing estimates by $0.01, with revenue of $14.26 billion, down 7.4% year-over-year, but beating expectations by $430 million. For Q1 2025, the company forecasts revenue between $11.7 billion and $12.7 billion, below the consensus of $12.86 billion. Intel expects Q1 EPS of $(0.27) and non-GAAP EPS of $0,  compared to the consensus estimate of $0.09.

Bernstein analyst Stacy Rasgon views Intel’s Q4 results as decent, with stronger-than-expected performance in Client Computing Group and Network and Edge Group. However, the company’s Q1 guidance is weak, with key segments expected to decline, and gross margins projected to fall. Despite a slight earnings beat, Intel faces ongoing challenges, including structural concerns, delays in projects, and increased outsourcing. The company’s aggressive pricing strategy, especially in AI and data centers, poses margin risks. While the stock rose briefly, Rasgon maintained a Market Perform rating with a $25 price target and advised caution.