Media Alert: Join Intel Innovation on Sept. 19-20
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/27/2026
- S&P 500 ends lower; chips tumble and Moderna rallies
- SpaceX weighs Starlink mobile service to US consumers, FT reports
- U.S. chip stocks retreat after Apple price hikes stoke fears over AI trade
- Morgan Stanley flags Fed hike risk if unemployment drops below 4%
- UBS trims AI portfolio exposure to semis and hardware after recent rally
2 reasons why Intel's (INTC) stock break-out can continue
September 8, 2023 9:27 AM EDTBeaten-down U.S. semiconductor stock Intel (NASDAQ: INTC) is up 45% year-to-date but the momentum can continue as fund managers are massively underweight the stock and it is seen as a domestic semiconductor winner as the U.S.-China trade war intensities, highlighted by the recent news that China is putting restrictions on government officials using Apples iPhones.
"How long can long only mangers continue to underweight or avoid INTC?," Mizuho desk analyst Jordan Klein asks in a note to... More
