Locator: 49801INTC.
Updates
January 24, 2026: The WSJ -- link here -- how intel came crashing back to earth -- see also this post:
January 24, 2026: the stock is okay -- Jim Cramer -- link here --
January 24, 2026: link here.
Earlier Post
8:30 a.m. CT: at the open --
8:08 a.m. CT, Cramer:
- still incredibly bullish on Intel; sees CEO's comment that Intel was unable to meet demand was a bullish comment;
- says that Intel has Apple as a customer; CEO just not allowed to say that;
- but says "today AMD's day."
6:55 a.m. CT, pre-market open, January 23, 2026, at least at the open, this will drive today's market sentiment:
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Previously Posted
Locator: 49791INTC.
Tag: Intel
See blog's disclaimer. This is not an investment site.
Updating on the fly as data is released.
Updates
Friday, January 23, 2026: day after earnings reported -- "at its most basic level, INTC is a meme stock" -- Gene Munster, perhaps the most credible tech analyst in America. Link here.
9: 48 p.m. January 22, 2026: AppEconomy, link here. If you're heavily invested in Intel, you may want to put on your rose-colored glasses before looking at the graphic below. LOL.
7:07 p.m. January 22, 2026, the day 4Q25 earnings were released. "Guidance was soft." Holy mackerel that was an understatement. Indications are such it will be a year (certainly three quarters) to see if Intel's a) turnaround plans are working; and, b) if Intel made the right decision with regard to chips.
If one wants to invest in Intel there is more than plenty of time.
Even after plunging 13%, INTC's P/E will be on the order of 5,000 tomorrow morning; before the plunge, INTC's P/E was 5,120.
Two most concerning points regarding guidance during the conference call:
1) the company did not disclose process yield, simply saying things are going well; and,
2) the company did not disclose any -- repeat, any -- customers for its 18A chips.
More on that later.
More than likely, Intel will now be in a trading range, dropping from current $50 - $55 to perhaps, $45 - $50.
In the big scheme of things, Intel seems like an "old school" tech company. Boring. It may do well and make all kinds of money for its investors, but it lacks any excitement as a company. More on this later, perhaps.
I think we've seen all we need to see with regard to Intel in the 4Q25 earnings results and earnings call.
Results
Headline: Intel did not announce any customers and said it would not announce customers any time soon; perhaps at end of year; simply said 18A ad 14A programs "on track." Remains hopeful.
EPS: 15 cents beats estimated 8 cents (this is non-GAAP EPS (see below). BUT: the GAAP-loss was still - 12 cents, much worse then the 3-cent loss in the same period one year earlier.
Revenue: beats but still a 4% loss from same quarter one year earlier. I believe I read elsewhere (maybe ChatGPT) that the y/y loss would be 6%. If so, analysts did a great job based on the little information they had to work with.
Immediate:
My first thoughts: exactly as I predicted based on conversation with ChatGPT. Remember, this stock's P/E is ~ 4,500. Right now, investors are making their decision to invest in this company based on other than fundamental factors.
Still waiting to hear process yield percent.
Original Post
Earnings after the close.
This morning before earnings announcement:
- revenue likely to decrease 6% y/y
- EPS between and 8 and 12 cents (non-GAAP)
Past performance:
Conference call:
- needs to address process yield for the 18A; historically it's been under pressure; at least 70% needs to be reported; ultimately, to be profitable, needs to be > 90%;
- 18A customers right now; this year (2026);
- update on 14A; won't be ready until 2028?
- further discussions regarding Apple;
- further discussion selling some fabs to TSMC;
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Disclaimer
Brief ReminderBriefly:
- I am
inappropriately exuberant about the Bakken and I am often well out front
of my headlights. I am often appropriately accused of hyperbole when it
comes to the Bakken.
- I am inappropriately exuberant about the US economy and the US market.
- I am also inappropriately exuberant about all things Apple.
- See disclaimer. This is not an investment site.
- Disclaimer:
this is not an investment site. Do not make any investment, financial,
job, career, travel, or relationship decisions based on what you read
here or think you may have read here. All my posts are done quickly:
there will be content and typographical errors. If something appears wrong, it probably is. Feel free to fact check everything.
- If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them.
- Reminder: I am inappropriately exuberant about the Bakken, US economy, and the US market.
- I am also inappropriately exuberant about all things Apple.
- And now, Nvidia, also. I am also inappropriately exuberant about all things Nvidia. Nvidia is a metonym for AI and/or the sixth industrial revolution.
- I've now added Broadcom to the disclaimer. I am also inappropriately exuberant about all things Broadcom.
- Longer version here.
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The Graphics
Locator: 49800INTC.
Intel (INTC) vs Micron (MU):
AppEconomy, link here. If you're heavily invested in Intel, you may want to put on your rose-colored glasses before looking at the graphic below. LOL.
