Intel Rallies as Altera IPO Unlocks Its 49% Chip Stake

ASML has reached a production milestone with 10 High-NA EUV systems operating at TSMC, Samsung, SK Hynix, and Intel, targeting 90% fleet availability by Q4 2026. The company broke ground on a new campus in the Netherlands to meet demand, with plans to produce up to 20,000 workplaces by 2029. TSMC, Samsung, and SK Hynix have committed to High-NA EUV for advanced chip production, while Intel has already processed over 1.35 million wafers. The technology offers higher resolution but comes with incr

Micron Technology (MU) shares rose 1.2% after it unveiled a 512GB DDR5 RDIMM for servers, with AMD (AMD) and Intel (INTC) validating the technology. The module offers high speeds and lower power consumption, with volume production expected in late 2027. AMD and INTC shares also increased, up 3.5% and 3% respectively.

Delos Data, a chip startup founded by Intel veterans, raised $100 million to develop chips and software for faster data movement in AI data centers. The funding round included investors like Playground, Matrix Partners, and others. The company aims to address the growing complexity and diversity of computing chips in AI data centers, according to its co-founder and former Intel CEO Pat Gelsinger.

Intel (INTC) shares rose 300% in the past year, driven by data-center sales and AI demand. Q2 revenue hit $16.13B, up 25% YoY, with data-center/AI revenue up 59%. Despite progress, analysts remain neutral, citing valuation and foundry business risks. Intel's foundry revenue was $293M, with a $2.1B loss. Analysts' price targets range from $75 to $200, with a consensus near $110. Intel's CEO expressed confidence in the foundry roadmap, but external customer commitments are lacking. The stock trade

AMD and Intel reported Q2 2026 earnings. AMD's Data Center revenue rose 107% YoY to $6.72B, driven by EPYC demand. Intel's DCAI unit grew 59% YoY to $6.26B but reported a GAAP loss. AMD guided Q3 revenue up 41% YoY, while Intel expects $15.8B-$16.8B. AMD's margins expanded to 27%, and both stocks have gained significantly YTD.

Intel (INTC) stock dropped 6% after Piper Sandler initiated coverage with a 'Neutral' rating and $110 price target, citing high valuation despite AI-driven growth. Intel's Q2 revenue rose 25% YoY to $16.1B, with Data Center and AI revenue up 59%. Piper Sandler notes progress in manufacturing but seeks more customer commitments. Intel's stock is up 167% in 2026, raising the bar for future performance.