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Intel Corporation / INTC
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INTC tracks the value of 1 share of common stock in Intel Corporation. Intel designs and manufactures semiconductors and computing platforms. The company produces CPUs and related hardware for personal computers, servers, and data centers.
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INTC Rebounds as Intel's 18A-P Node Enters Risk Production
Intel told the VLSI Symposium that 18A-P, the performance upgrade to its 18A process, has entered risk production on the timeline it set last year. The stock added about 4.5% to roughly $124, clawing back part of the slide from its record near $132. This is the manufacturing proof-point external foundry customers have been waiting on, and the market read it as the foundry bid coming back rather than a fresh leg up.
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INTC Rebounds as Intel's 18A-P Node Enters Risk Production
Intel told the VLSI Symposium that 18A-P, the performance upgrade to its 18A process, has entered risk production on the timeline it set last year. The stock added about 4.5% to roughly $124, clawing back part of the slide from its record near $132. This is the manufacturing proof-point external foundry customers have been waiting on, and the market read it as the foundry bid coming back rather than a fresh leg up.
INTC Pulls Back 5% From Record Highs as the Foundry Rally Cools
After a near-vertical run to a record $132.75 on BofA's double upgrade and the Google foundry order, INTC is giving back about 5% to $125.90 over 24 hours. There's no fresh negative catalyst here — no downgrade, no guidance cut, no broken deal. This is profit-taking and valuation digestion in a name that ran roughly 210% year-to-date and trades near 150x forward earnings. The foundry thesis is intact; what's correcting is the price.
Google's 3 Million TPU Order Gives Intel Foundry Its First Whale
Intel's foundry pitch has been a promise without a marquee customer for two years. A report that Google ordered more than 3 million of its custom AI chips from Intel for 2028 changes that, landing right as TSMC runs short on leading-edge capacity. It also hands Bank of America's freshly minted double upgrade a real customer behind the foundry leg of the thesis. INTC trades near $124.80, up 7.92% on the session.
INTC Climbs 12% on BofA's Rare Double Upgrade to Buy, $135 Target
Intel jumped 12.42% over 24 hours to about $125 after Bank of America analyst Vivek Arya skipped the usual Neutral step and took the stock straight from Underperform to Buy, lifting his target to $135 from $96. The call leans on a foundry book BofA now models growing from roughly $1.1 billion this year to $47.1 billion by 2030, validated by reported Google and Nvidia chip orders. With Intel up around 210% year to date and still owned by only 16% of S&P 500 funds, the upgrade is fuel for a re-rating that is already well underway.
INTC Holds $115 as Cramer Ranks Intel Above Nvidia
Intel is up 5.78% over 24 hours, holding near $115 while the tape keeps digesting Bank of America's rare double upgrade and Jim Cramer's call that Intel now matters more than Nvidia. Vivek Arya jumped the stock straight from Underperform to Buy with a $135 target, modeling $40 billion in server CPU sales by 2030 and earnings power above $6. Shares tagged $118.83 on Thursday before easing, so this window is consolidation on top of a violent repricing rather than a fresh catalyst.
Bank of America's Rare Double Upgrade Pushes INTC to $118
Intel's Hyperliquid perp is up 12.13% to $118.30 after Bank of America issued a rare double upgrade, moving the stock from Underperform straight to Buy and skipping Neutral entirely. Analyst Vivek Arya lifted his target from $96 to $135 and now models earnings power above $6 a share by 2030, leaning on agentic-AI server CPU demand more than the Google foundry order that drove the prior leg. It is genuine sell-side capitulation, the most bearish seat on the Street flipping bullish in one move. The catch is that Intel is already up around 210% on the year, its best run since 1975, so a $135 target is as much a momentum bet as a valuation call.
INTC Reclaims $105 as the Google-TPU Foundry Trade Steadies
Intel's Hyperliquid perp is up 4.24% over 24 hours to $105.70, rebuilding ground it gave back when last week's roughly 16% spike on Google's TPU foundry order faded. There is no new June 10 catalyst — this is the same 2028 story firming up while analysts keep chasing targets higher. The bid is held by a foundry unit already doing $5.4 billion a quarter, not by anything that hit the tape today. The catch is a stock trading near 141 times forward earnings after a 168% year.
INTC Gives Back 6% of the Google-TPU Spike With No Fresh Catalyst
INTC's Hyperliquid perp is down 6.33% over three hours to $106.20, unwinding part of the roughly 16% spike it printed this week on Google's order to build more than three million of its TPUs at Intel's foundry. There is no fresh negative headline behind the fade — the catalyst is the absence of one. After a near-500% year that left Intel trading around 38 times forward earnings, a 2028 foundry story with no near-term revenue is a thin reason to hold longs that chased above $111. This is valuation gravity, not a change in the thesis.
INTC Holds the Google Gains as the Foundry Trade Prices 2028 Today
Intel's HIP-3 perp added about 3% over the past day to $111.80, but there is no fresh headline behind it — this is follow-through from the 16% jump on Google's confirmed order to build more than 3 million of its TPUs at Intel's foundry. What is keeping the bid alive is the second leg: Nvidia is now evaluating the same 18A process, and Morgan Stanley pegs Google's total build at over 6 million chips across 2027 and 2028. The catch is the math. Intel has roughly tripled in 2026 and now trades above the average analyst target, which means the perp is pricing foundry execution that does not show up in revenue until 2028.
INTC Jumps 16% as Google Routes 3 Million TPUs to Intel Foundry
Intel's foundry just landed the validation it has chased for years. The Information reported that Google ordered more than 3 million of its custom TPUs from Intel for 2028 production, pushing INTC's HIP-3 perp to $113, up 16% over the day. A day after the stock's bounce looked like catalyst-less mean reversion off the Broadcom selloff, there is now a real company-specific reason: a hyperscaler routing its AI silicon to Intel instead of TSMC. The catch is the timeline — 2028 delivery makes this a vote on the turnaround, not revenue anyone books soon.
INTC Reclaims $100 as Last Week's Broadcom Selloff Unwinds
INTC is trading at $107 on the HIP-3 perp, up 9.55% on the day and back above the $100 line it lost last week when Broadcom's soft AI guidance dragged the entire chip group lower. There is no fresh Intel-specific headline here — this is the highest-beta name in the sector taking back most of an 11% selloff that was never really about Intel. The cleanest new data point is Wells Fargo, which lifted its target to $110 from $85 on Friday on the strength of server-CPU demand. Underneath the noise, the AI-CPU thesis that has more than tripled the stock in 2026 — the Apple foundry deal, the Nvidia tie-up, the Foxconn partnership — is still intact.
INTC Breaks $100 as Broadcom's AI Guidance Triggers a Chip-Wide Selloff
INTC printed $99.69 on the HIP-3 perp, down 11.12% over 24 hours and through the $100 line for the first time since its 2026 rally. There is no Intel-specific catalyst here. The selling started with Broadcom, whose June 3 print guided Q3 AI revenue to $16 billion against a Street that wanted $17.2 billion, sending AVGO down roughly 12% after hours and resetting the entire sector's AI growth story. A stronger-than-expected 172,000 payroll print then pulled the rate-cut bid out from under high-multiple semis, and INTC — sitting above its average analyst target after a 190%-plus year — had the most to give back.
INTC Slips Below $120 on Day Three of the Chip Rout as HSBC's $24 Target Anchors the Bears
INTC printed $118.70 on the HIP-3 perp, down 5.30% over 17 hours and roughly 10.6% off Monday's $132.75 all-time high. Day three of the chip-sector unwind has not produced a clearing price. HSBC's Tuesday downgrade to Reduce with a $24 target sits as the bearish anchor on the tape, against a 156x forward multiple and a foundry that posted a $2.4B Q1 operating loss. The Goldman-flagged ~$100B leveraged-ETF gamma overhang keeps doing the mechanical work the discretionary book has so far refused to do.
INTC Slips 3.88% as the Goldman-Flagged Chip Gamma Unwind Bleeds Into Day Two
INTC printed $121.30 on the HIP-3 perp, down 3.88% over seven hours and roughly 8.5% off Monday's $132.75 all-time high. The cash tape has yet to clear after Tuesday's semiconductor rout — Philly Semi Index off 6.8% intraday, Qualcomm down 14% on its worst session since March 2020. Goldman's Shawn Tuteja flagged the mechanism on Tuesday: ~$100B of leveraged long ETF exposure built up since late March, short-gamma by construction, forcing roughly $2B of mechanical selling per 1% sector move. The names that ran hardest are the ones unwinding fastest, and INTC came into the week trading at a 156x forward multiple after a 443% one-year run.
INTC Slides 9% After HSBC Cuts to Reduce With $24 Price Target
INTC printed $117.50 on the HIP-3 perp, down 9.09% over 19 hours, four trading days after the Apple foundry deal scoop pushed the cash stock to a $130.57 all-time high. HSBC cut Intel to Reduce from Hold with a $24 price target, arguing the rally was built on one-off investment deals rather than sustainable manufacturing turnaround. Mizuho and Deutsche Bank raised targets the same day. The sell-side is now openly split on whether this is the rerating or the unwind.
INTC Prints Fresh Record as WSJ Confirms Apple Foundry Deal
INTC tagged $125.5 on the HIP-3 perp, +16.45% over 23 hours, after the Wall Street Journal reported that Apple and Intel reached a preliminary chip-making agreement following more than a year of negotiations. The cash stock printed an all-time high of $130.57 while sell-side consensus mean target still sits near $79. This is the validation print for Lip-Bu Tan's foundry pivot — Apple now lines up next to Tesla, Microsoft, and Amazon on Intel's customer list, with the Trump administration brokering the deal directly through Commerce Secretary Howard Lutnick.
INTC Tops Oracle in Market Cap as Foundry Rerating Extends
INTC added another 10.24% over 24 hours to $110.9 on the HIP-3 perp as the cash stock extended to fresh all-time highs and Intel's market cap passed Oracle for the first time. This is day two of the move off Bloomberg's report that Apple is in early-stage talks with Intel Foundry to manufacture processors for U.S.-bound devices. The catalyst stack underneath the bid runs deeper than Apple — Tesla 14A, an Alphabet ASIC partnership, a Nvidia equity investment, the CHIPS Act, and Terafab are all sitting in this print. Sell-side consensus mean target still sits below $80 while the tape prints $110+, and that gap is what continues to feed the squeeze.
INTC Hits Record Highs as Bloomberg Reports Apple Is Talking to Intel Foundry
INTC ripped 18.63% over 23 hours on the HIP-3 perp to $113.60 after Bloomberg reported Apple is in early-stage talks with Intel Foundry — and Samsung in parallel — to manufacture processors for U.S.-bound devices. The cash stock just printed a fresh all-time high near $108 and now sits up roughly 175% year to date, less than 24 hours after the same name was dragged 6% lower on the OpenAI revenue miss. No contract has been signed, but the sell-side bear thesis that 18A and 14A had no marquee customer just got publicly contradicted by the most prized chip designer in the world.
INTC Drops 6% on the Perp as OpenAI's Revenue Miss Drags AI Infrastructure Down
INTC fell 6.43% over 22 hours on the HIP-3 perp to $95.79 as the OpenAI revenue miss continued to wash through every AI infrastructure name. The 14-day RSI sat at 87.48 into Monday with the stock just off the $100.33 all-time high it printed on May 1 and a roughly 150% year-to-date run already in the price. CoreWeave, Oracle, AMD and Broadcom all printed similarly red sessions on the same WSJ report — INTC was simply the most extended name in the group when the contagion arrived.
INTC Cools 5% on the Perp as Profit Takers Meet an Overbought Tape
INTC slid 5.08% over 24 hours on the HIP-3 perp to $93.69 as the parabolic April run finally met some profit-taking. Cash closed down only 0.28%, but the perp captured an intraday range from $91.50 to $97.56 with no fresh catalyst behind it. The 14-day RSI was already in the mid-80s two sessions ago at lower prices, and shares are now trading above every published street target except Evercore's $111 and KeyBanc's $110. This is digestion of last week's Q1 print, not a thesis change.
INTC Clears $97 as Evercore Resets the Street High to $111 on a CPU Renaissance Call
INTC printed another 14.86% over 24 hours to $97.87 as the analyst pile-on behind the Q1 melt-up forced the street high higher. Evercore moved to Outperform with a $111 price target, framing Intel as a CPU renaissance play whose agentic AI workloads can swing the CPU-to-GPU spend ratio. Freedom Broker piled on with a Buy and $100 target, and spot is now trading above every published target except $110 and $111. HIP-3 perp turnover ran $70.5 million in 24 hours as desks chased the move into month-end.
INTC Extends the Bid to $82 as Google and Nvidia Xeon Wins Anchor the AI Pivot
INTC is up another 8.60% over 24 hours to $82.61 as the post-earnings bid holds and the market keeps repricing the AI narrative. The hyperscaler line items behind the Q1 print — a multiyear Google Cloud Xeon arrangement and a Xeon 6 selection for Nvidia's DGX Rubin NVL8 platform — are doing more heavy lifting than any single analyst reset. Data center and AI revenue came in at $5.1 billion against $4.41 billion consensus, and the segment's operating margin expanded from 13.9% to 30.5%. Hyperliquid perp turnover on the HIP-3 market ran $71.8 million in 24 hours as desks stay positioned through the weekend.
INTC Holds the Gap Above $80 as KeyBanc Resets to $110
Intel's post-earnings bid is consolidating but the gap is intact. INTC is at $81.76, up 22.84% over 24 hours after Thursday's Q1 print delivered $0.29 EPS against $0.01 consensus and a Q2 guide $1.3 billion above the street. KeyBanc kicked off the post-print price target resets at $110, well above a sell side that walked into the print with targets clustered in the $50s. Perp turnover on Hyperliquid climbed to $58M as desks reposition into a range most of the street has not caught up to.
INTC Gaps to $85 After Q1 Blowout, Analyst Targets Left Behind
INTC printed $0.29 EPS against $0.01 consensus and guided Q2 revenue roughly $1.3 billion above the street, then gapped more than 20% on Friday to trade above $85. Every live analyst price target below HSBC's street-high $95 is now underwater — Stifel's $65, Bernstein's $60, BNP Paribas's $60 all set in the days before the print. Data center revenue grew 22% year-over-year to $5.1 billion, which was the single line item the entire bull thesis needed to validate. The HIP-3 perp caught the full overnight-plus-open window as leftover shorts covered and desks resized into cash hours.
Intel Q1 Blowout Validates the Rally: Foundry Beats by $510M, Data Center Up 22%
INTC ran 18% into its Q1 2026 print, capping a 76% year-to-date move built on the Terafab deal with Musk, the Apollo Ireland fab buyback, and HSBC's $95 price target. The print delivered the numbers the rally needed: Intel Foundry revenue of $5.42 billion versus $4.91 billion consensus, Data Center up 22% year-over-year, and gross margin of 41% against a 34.5% bar. Q2 guidance came in at $14.3 billion midpoint, roughly $1.3 billion above the street. On a perp market that does only $20M in daily volume, the pre-earnings positioning was always going to snap.
Intel Ships First 18A Commercial PCs — INTC Bounces 7%
Intel Core Ultra Series 3 commercial PCs hit shelves on March 31, marking the first products built on Intel's 18A process node to reach enterprise buyers. The stock bounced nearly 7% in 22 hours, reversing a sharp selloff from the prior session. A broader risk-on tape — driven by falling oil prices and diplomatic optimism — gave semis room to recover, but the timing of the 18A commercial availability made INTC the standout mover in the group.
How to Trade Intel Corporation (INTC) on Hyperliquid
Intel Corporation is the original American chipmaker, now in the middle of the most consequential turnaround in semiconductor history. INTC tracks the value of one share of Intel common stock and is available as a HIP-3 perpetual futures contract on Hyperliquid with up to 10x leverage. Whether you see Intel as a foundry phoenix or a value trap trading at 85x forward earnings, the perp gives you a way to express that view with precision.
Intel Gives Back GTC Rally After Jensen Huang's Keynote Ignores $5B Partnership
Intel spiked 7.4% intraday on March 16 as traders front-ran an expected Nvidia partnership update at GTC 2026. Jensen Huang's keynote made zero mention of Intel, instead unveiling Nvidia's own Vera CPU and doubling down on vertical integration. INTC gave back all gains and then some, falling to $44.58 as the anticipated x86 collaboration remained conspicuously absent from the biggest AI hardware event of the year.
Intel Reverses Course on 18A, Signals Billion-Dollar Foundry Deals
Intel CFO David Zinsner told the Morgan Stanley TMT Conference that the company is now marketing its 18A manufacturing node to external foundry customers — a strategic reversal from mid-2025 when Intel had shelved those plans. Zinsner said the company is close to closing deals worth billions per year in foundry revenue, with 18A yields running at or ahead of internal targets. INTC jumped 6.1% on March 4 and has continued grinding higher, now up 20% year-to-date.
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