Korea Investment CORP Invests $434.76 Million in Intel Corporation $INTC

Korea Investment CORP bought a new position in Intel Corporation (NASDAQ:INTC) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 3,113,643 shares of the chip maker’s stock, valued at approximately $434,758,000. Intel accounts for about 0.8% of Korea Investment CORP’s investment portfolio, making the stock its 17th biggest holding.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. EP Wealth Advisors LLC bought a new stake in shares of Intel during the 2nd quarter valued at $19,368,000. Rakuten Securities Inc. purchased a new stake in shares of Intel during the second quarter worth about $7,802,000. Pinnacle West Asset Management Inc. purchased a new position in Intel in the 2nd quarter worth approximately $3,373,000. Ieq Capital LLC bought a new position in shares of Intel during the second quarter worth $129,403,000. Finally, Sterling Financial Planning Inc. purchased a new position in Intel during the second quarter valued at $237,000. 64.53% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

INTC has been the subject of a number of research reports. TD Cowen increased their price target on Intel from $75.00 to $115.00 and gave the company a “hold” rating in a research note on Monday, July 13th. Piper Sandler started coverage on Intel in a report on Thursday, June 11th. They set a “neutral” rating on the stock. HSBC reiterated a “buy” rating on shares of Intel in a research report on Friday, July 24th. Wells Fargo & Company boosted their price target on shares of Intel from $110.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Friday, July 24th. Finally, Weiss Ratings downgraded shares of Intel from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, thirty-one have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $107.46.

Intel Price Performance

INTC stock opened at $89.51 on Tuesday. The stock has a market cap of $451.49 billion, a PE ratio of -42.42, a P/E/G ratio of 9.89 and a beta of 2.22. Intel Corporation has a 12 month low of $23.68 and a 12 month high of $142.35. The company has a 50-day moving average price of $103.61 and a 200 day moving average price of $86.94. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47.

Intel (NASDAQ:INTC) last posted its quarterly earnings data on Thursday, July 23rd. The chip maker reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.21. The company had revenue of $16.13 billion for the quarter, compared to analyst estimates of $14.43 billion. Intel had a negative net margin of 19.79% and a positive return on equity of 2.62%. The firm’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the prior year, the company posted ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. Equities research analysts anticipate that Intel Corporation will post 1 earnings per share for the current year.

Insider Buying and Selling at Intel

In related news, CEO Lip Bu Tan bought 105,263 shares of the stock in a transaction dated Tuesday, August 11th. The stock was purchased at an average cost of $95.00 per share, with a total value of $9,999,985.00. Following the completion of the purchase, the chief executive officer owned 1,314,669 shares of the company’s stock, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.05% of the company’s stock.

Key Intel News

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Reports that South Korean memory-chip maker SK Hynix was considering Intel Foundry to manufacture base dies for next-generation HBM4E memory initially boosted hopes for a major external customer and validated Intel’s manufacturing ambitions. CEO Lip-Bu Tan’s reported purchase of roughly $12 million in Intel shares also signaled management confidence. Intel Stock Notches Up as SK Hynix Considers New Deal
• Positive Sentiment: Intel could benefit from the rapid expansion of AI infrastructure and from large-scale chip-production projects in the United States, including Elon Musk’s reported planned facility near Houston. More domestic manufacturing demand would support the strategic rationale for Intel’s foundry investments, though the project is not confirmed as an Intel contract. Elon Musk Is Spending $119 Billion on a Single Building Outside Houston
• Neutral Sentiment: SK Hynix subsequently denied the reported HBM4E partnership, removing the immediate catalyst and underscoring that Intel’s potential foundry wins remain uncommitted. SK Hynix Denies Report of Intel Foundry Partnership
• Negative Sentiment: Analysts continue to question whether AI-related revenue can arrive quickly enough to offset Intel’s rising capital spending and foundry losses. Outside customers currently contribute little foundry revenue, making utilization and execution key risks for the stock. Intel Stock Is Paying Now for Revenue Due Later
• Negative Sentiment: Competitive concerns remain: coverage argues AMD continues to take share from Intel, while Nvidia’s strong growth in newer data-center products could further pressure Intel’s position in AI hardware. AMD: Still Eating Intel’s Lunch

Intel Company Profile

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.