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- Intel Stock Is Upgraded. Why Losing $78 Billion in Market Value Is a Good Thing.
- 1 Reason Intel Stock Could Outperform in 2027
Intel (INTC) shares are up about 170% year-to-date as of October 14, 2026, versus about 13% for the S&P 500. The article says the data center and AI segment, which sells server processors, grew revenue 59% year over year to about $6.3 billion in the second quarter, the strongest revenue growth in more than 15 years. AI inference workloads are boosting orders for server CPUs, and Intel expects industry-wide server processor shipments to grow by strong double digits through 2027. Intel launched its first server chip built on its 18A process, Xeon 6+, and 18A production is running ahead of internal targets. The stock trades at about 47 times next year's earnings estimates, but with earnings expected to grow at an annualized 69% and a PEG ratio of 0.8, the article calls it attractive; Intel reports third-quarter results on October 29.
- Intel stock surges on JPMorgan upgrade after 14% weekly plunge
- Why Intel Stock Popped on Monday
Intel shares rose about 4.6% by 10:55 a.m. ET on Monday after JP Morgan analyst Harlan Sur upgraded the stock from 'underweight' to 'neutral', removing his sell rating and setting an $85 target price. The stock remains down 36% from its June peak and nearly 22% since the start of October. Sur cited Intel's falling market share, with server CPU share down from 77% to 53% and PC CPU share from 81% to 68%, and noted that the foundry business had only $1 billion in annualized sales from outside customers versus $150 billion at TSMC. He saw some progress in foundries and in yields and packaging under CEO Lip Bu Tan, and many analysts expect Intel to return to profitability next year.
- Micron, Intel lead chip recovery, adding nearly $250B as most of Wall Street falls: Chart of the Day
A basket of 60 chip-related stocks tracked by Yahoo Finance recovered nearly $250 billion in market value on Monday, with gains spread across memory makers, chip designers and equipment suppliers while most S&P 500 stocks fell. Micron (MU) and Intel (INTC) are each up over 2%, Sandisk (SNDK) is up nearly 5%, and about 70% of S&P 500 stocks are declining. The rebound follows a weak prior week, when Micron and Sandisk lost roughly 15% and 18% as memory stocks entered another bear market. JPMorgan upgraded Intel to Neutral from Underweight, citing AI demand and chip scarcity, while CoreWeave (CRWV) gave back most of its premarket gains despite a Goldman Sachs upgrade to Buy. The article also notes that 61 of the S&P 500's 100 strongest performers from March 30 through June 2 are rising Monday, and that the PHLX Semiconductor Index needs to hold the 11,000-11,100 area to avoid a larger washout.
- Intel rebounds as semiconductor stocks recover from sell-off
Intel rose about 5% to around $94 on Monday as semiconductor stocks recovered from a steep sell-off the previous week, when Intel had fallen more than 14% according to Barron's amid doubts over the sustainability of AI spending. The iShares Semiconductor ETF gained about 4% in premarket trading after nearly 12% losses the previous week, while AMD, Nvidia and Micron rose between 2% and 4%. JPMorgan upgraded Intel to neutral from underweight, citing agentic AI and shortages of high-end chips as potential drivers of stronger earnings. The rally may offer some relief, but doubts remain over whether tech companies can generate enough returns from their AI investments to justify elevated valuations.
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- Is Nvidia Stock Really Trading for Just 8 Times 2030 Earnings?
Nvidia is the market's most valuable company, with a market cap above $5 trillion. It trades at 27 times adjusted trailing earnings, but only about 8 times analysts' estimate for fiscal 2030 earnings, a figure the author stresses is a moving target. Revenue growth accelerated from 56% in Q2 FY 2026 to 106% in Q2 FY 2027, though guidance points to a slight slowdown in the current quarter. The stock trades at 13 times next year's earnings, and the board recently authorized a record $150 billion in share repurchases. The author also acknowledges risks such as slower growth or contracting net margins.
- US Orders Civilian Agencies to Rip DeepSeek Out of Government Systems
The U.S. Department of Homeland Security on Monday ordered civilian federal agencies to remove DeepSeek products and third-party services built on the model from their IT systems, and to stop buying them. The notice warns that using DeepSeek may transfer sensitive data to China and could produce intelligence on U.S. persons and agencies. The Commerce Department, the Navy, and the states of New York, Tennessee and Virginia had already restricted DeepSeek. The FCC votes on October 29 on barring Chinese labs from testing electronics for U.S. use.
- Tesla-SpaceX merger is 'not so easy': Analyst
Speculation about a possible merger between SpaceX (SPCX) and Tesla (TSLA) has grown on Wall Street in recent weeks. RBC Capital Markets analyst Tom Narayan says it would not be simple: SpaceX would have to acquire Tesla, likely in an all-stock deal, and would need to pay a strong premium. He sets a $480 price target for Tesla, while the shares trade near $367. The longer-term focus may be Terafab, Elon Musk's chip initiative aimed at cutting production costs by up to 90% and bypassing Nvidia and TSMC. Musk currently controls 85% of SpaceX's voting rights and 20% of Tesla's.
- Is Nvidia (NVDA) Stock Priced Right?
Chip stocks fell sharply last week, and Nvidia (NVDA) dropped nearly 2% as investors worried that heavily indebted AI companies would face higher borrowing costs after bond yields jumped for CoreWeave, a cloud company Nvidia backs. CoreWeave shares had fallen more than 15% the day before. Nvidia's own numbers show no sign of that stress: it sold $96.2 billion of chips and systems in the quarter ended July, up 106% from a year earlier, mostly from data center sales. Its net profit margin was 63.66% over the past 12 months, and management expects $108.0 billion in revenue next quarter, assuming no data center sales to China. The key risk is whether customers can keep paying for chips if interest rates stay high, and the planned partnerships to bring over $500 billion of outside capital into AI infrastructure have not yet become definitive agreements.
- Networking Stocks Rally as Tech Rebound Lifts AI Gear Makers: Ciena and Arista Climb 4%, but Cisco Barely Moves
Networking stocks rallied with the tech rebound as suppliers of AI data center gear drew buying: Ciena (CIEN) rose 4% to $347.48 and Arista Networks (ANET) climbed 4% to $183.32, well ahead of the iShares U.S. Technology ETF (IYW) at 1.29% and the Invesco QQQ Trust (QQQ) at 1.31%, while Cisco (CSCO) was practically unchanged at $107.06. Ciena's fiscal Q3 2026 adjusted EPS was $2.11 against a $1.73 consensus, with revenue up 37% year over year to $1.67 billion, and it raised fiscal 2026 revenue guidance to $6.42 billion. Its backlog reached $8.5 billion, but supply remains the limit, and management does not expect the market to return to balance before 2028. Two customers made up 41.7% of Q3 revenue, so Ciena's growth is concentrated. The next test is whether Ciena can hit its fiscal Q4 2026 revenue guidance of $1.75 billion under tight component supply.
- Gartner Predicts “80% of Neoclouds” Out of Business by 2030: Here’s Who Wins
Gartner forecast on October 14 that more than 80% of neoclouds will stop operating independently by 2030, and CoreWeave (CRWV) fell 25% last week. The article argues that hyperscalers funding AI capacity from their own cash flow, led by Amazon and Alphabet, are likely winners as credit tightens for indebted neoclouds. Amazon generated $140 billion of operating cash flow in fiscal 2025, more than covering $132 billion of capex, while CoreWeave's total debt reached $29.8 billion. Since their July 29 closing low, Microsoft, Alphabet and Amazon are up 15.6%, compared with 1.6% for IREN, CoreWeave and Nebius. Hyperscaler earnings in the coming weeks will need to show whether sold-out capacity is turning into results.
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