Empowered Funds LLC Has $69.15 Million Stock Position in Intel Corporation $INTC

Empowered Funds LLC boosted its holdings in Intel Corporation (NASDAQ:INTC) by 6.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 495,228 shares of the chip maker’s stock after purchasing an additional 31,618 shares during the period. Empowered Funds LLC’s holdings in Intel were worth $69,149,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Primecap Management Co. CA bought a new position in Intel during the second quarter worth $10,507,291,000. Norges Bank acquired a new stake in Intel in the 4th quarter worth $2,233,159,000. Legal & General Group Plc bought a new position in shares of Intel during the 2nd quarter worth about $4,096,110,000. Capital Research Global Investors increased its holdings in shares of Intel by 285.9% during the 4th quarter. Capital Research Global Investors now owns 26,619,928 shares of the chip maker’s stock worth $982,279,000 after purchasing an additional 19,722,010 shares during the period. Finally, Capital World Investors raised its position in shares of Intel by 20.3% during the fourth quarter. Capital World Investors now owns 104,060,268 shares of the chip maker’s stock valued at $3,839,833,000 after buying an additional 17,557,147 shares during the last quarter. 64.53% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Intel news, CEO Lip Bu Tan acquired 105,263 shares of Intel stock in a transaction on Tuesday, August 11th. The shares were bought at an average price 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 in the company, valued at $124,893,555. This trade represents a 8.70% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 0.05% of the company’s stock.

Key Headlines Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Dell’s strong server performance supported Intel’s data-center outlook. Dell reported a 122% increase in server revenue, prompting analysts to argue that demand for Intel CPUs is accelerating as AI infrastructure requires a substantial number of traditional processors alongside GPUs. Intel stock rises as Dell earnings point to CPU demand
• Positive Sentiment: A bullish $200 price target added momentum. Global Equities Research analyst Trip Chowdhry identified Intel as a direct beneficiary of rising CPU-to-GPU ratios in AI clusters, the continued enterprise presence of x86 processors and the potential of Intel’s Clearwater Forest architecture. The target implies substantial upside, although it is an individual analyst forecast rather than a consensus estimate. Dell earnings and Intel CPU demand
• Positive Sentiment: Estimate revisions have been trending higher. Analysts cited AI demand, manufacturing improvements and growth in custom silicon as potential offsets to supply constraints and competitive pressure. Intel’s recent revenue growth and plans for more than $20 billion in 2026 capital spending also reinforce the long-term recovery narrative. Intel estimate revisions
• Neutral Sentiment: Semiconductor-sector strength provided a broad-market tailwind. Intel, AMD and Nvidia advanced even as stronger employment data increased expectations for a possible Federal Reserve rate hike. Separate commentary arguing that Nvidia’s earnings reduced fears of an AI spending bubble also helped maintain investor interest in chip stocks. Chip stocks rise despite rate concerns
• Negative Sentiment: Mizuho lowered its Intel price target to $92 from $109 and maintained a Hold rating. The analyst warned that weaker PC demand and near-term margin pressure could limit the benefit from Intel’s AI-related growth. Nvidia’s expanding server CPU business also remains a competitive risk. Mizuho lowers Intel price target

Intel Stock Performance

NASDAQ INTC opened at $95.80 on Friday. Intel Corporation has a 1-year low of $24.05 and a 1-year high of $142.35. The company has a 50 day moving average of $100.45 and a 200-day moving average of $87.91. The company has a current ratio of 1.60, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The firm has a market cap of $483.22 billion, a price-to-earnings ratio of -45.40, a PEG ratio of 10.12 and a beta of 2.22.

Intel (NASDAQ:INTC) last announced its earnings results on Thursday, July 23rd. The chip maker reported $0.42 EPS for the quarter, topping the consensus estimate of $0.21 by $0.21. The business had revenue of $16.13 billion for the quarter, compared to the consensus estimate of $14.43 billion. Intel had a positive return on equity of 2.62% and a negative net margin of 19.79%.Intel’s revenue was up 25.2% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.10) EPS. Intel has set its Q3 2026 guidance at 0.380-0.380 EPS. On average, equities analysts forecast that Intel Corporation will post 1.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

INTC has been the subject of several research reports. HSBC reiterated a “buy” rating on shares of Intel in a research note on Friday, July 24th. UBS Group cut their price target on Intel from $121.00 to $112.00 and set a “neutral” rating for the company in a report on Wednesday, August 12th. Piper Sandler began coverage on Intel in a report on Thursday, June 11th. They set a “neutral” rating on the stock. Benchmark boosted their price objective on Intel from $105.00 to $140.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Finally, Rosenblatt Securities upped their target price on Intel from $65.00 to $80.00 and gave the company a “sell” rating in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, thirty-one have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $107.01.

About Intel

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.