We recently published 10 Big Names Leaving Wall Street Behind; 7 Are Hitting Record Highs. Intel Corp. (NASDAQ:INTC) was one of the worst performers on Wednesday.
Intel Corp. rallied to a new 52-week high on Wednesday, as investors loaded portfolios ahead of the results of its earnings performance for the full year and fourth quarter periods of 2025.
At intra-day trading, the stock jumped to its highest price of $54.41, up 12 percent, before trimming gains to end the session just up by 11.74 percent at $54.26 apiece.
Intel Corp. (NASDAQ:INTC) is scheduled to announce its financial and operating highlights after market close on Thursday, January 22. A conference call will be held to elaborate on the results.
For the fourth quarter of the year, Intel Corp. (NASDAQ:INTC) expects to generate between $12.8 billion and $13.8 billion in GAAP revenues and diluted loss per share of $0.14.
Its guidance excludes contributions from Altera following the sale of its majority interest in the third quarter of 2025.
Earlier this month, Intel Corp. (NASDAQ:INTC) earned an “overweight” rating and a $60 price target from KeyBanc on the back of stronger-than-expected data center demand and tighter memory supply in the semiconductor industry.
Additionally, KeyBanc said that it also took into account the company’s improving manufacturing yields, noting that Intel’s 18A process is now more than 60 percent and good enough to ramp up Panther Lake.
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Disclosure: None. This article is originally published at Insider Monkey.