How Is Intel's Stock Performance Compared to Other Semiconductor Stocks? – TradingView

Santa Clara-based Intel Corporation INTC is a leading global provider of semiconductor and technology solutions, driving innovation across a broad range of computing and connectivity segments. Valued at XSD 12% returns over the same time frame.
In the long term, INTC is down 39.6% YTD, and the shares have declined 10.5% over the past 52 weeks. In comparison, the XSD gained 13.1% in 2024 and rallied 15.3% over the past year.
To confirm the bearish price trend, INTC has been trading below its 50-day and 200-day moving average since early April.
Intel's recent underperformance is attributed to a decade-long lag in semiconductor investment, leading to a tech gap compared to rivals. The company reported Q1 earnings results in line with expectations, with revenue rising 8.6% year over year to $12.72 billion and non-GAAP profit improving to $0.10 per share from a loss of $0.04 last year. However, its next quarter revenue guidance of $13 billion fell 4.4% below analysts' estimates. On May 8, Intel shares declined by 2.9% after the U.S. revoked its license to sell chips to Huawei, intensifying the tech cold war. 
Highlighting the contrast in performance, one of INTC's competitors, Broadcom Inc. AVGO, has outperformed INTC and XSD, gaining 54.1% on a YTD basis. 
Given the recent weakness in the stock price, analysts are cautious about INTC's prospects. The stock has a consensus rating of "Hold" from 34 analysts in coverage. The mean price target of $39.49 reflects a 28.4% premium to current levels. 
On the date of publication, Rashmi Kumari did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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