WSB Hot Discussion | Intel not only leaked, but also fell nearly 20% in two weeks

LB Select
2024.04.15 10:39
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Lithography machine leader ASML will announce its financial report before the market opens on April 17th, while TSMC will announce its financial report before the US stock market opens on April 18th

Chip stocks are popular, with NVIDIA ranking first, Intel fifth, and TSMC eighth.

Since announcing a huge loss of $7 billion in its wafer manufacturing business, Intel's stock price has been continuously declining, dropping nearly 20% in the first two weeks of April. Last week, more negative news came out, which may affect its revenue share of nearly 28% in the Chinese market. The revenue share of Intel and AMD in the Chinese market:

Investment banks have also been lowering their target prices for Intel:

New Street lowered Intel's target stock price from $51 to $48.

B of A Securities maintained a neutral rating for Intel, adjusting the target price from $50 to $44.

Leading lithography equipment manufacturer ASML will announce its financial report before the market opens on April 17, while TSMC will announce its financial report before the US market opens on April 18.

Apple ranks third in popularity, deciding to completely revamp its Mac computer product line, focusing on artificial intelligence. This move led to a 4.3% increase in stock price last Thursday, adding $112 billion to its market value, marking its best performance in nearly a year. Despite the overall market decline last Friday, Apple continued to rise by 0.8%.

Tesla ranks fourth in popularity, announcing a 10% workforce reduction, causing a drop of over 1% before the market opens.

Data source: swaggystocks.com, most discussed stocks in the past 24 hours

Note:

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