Intel is underperforming peers. INTC shares are trading -9% YTD vs. explosive gains for NVDA (+123%) and AMD (+65%).
Last quarter, Intel beat revenue and EPS estimates but was dinged on weaker than expected guidance and a delayed timeline for its release of 7-nm chips.
LikeFolio data shows consumer buzz is building for Intel’s product suite, increasing 13% YoY in 20Q3 and holding volume into the current quarter.
This tells us that Intel appears to be making moves in a positive direction from the consumer perspective. What this data can’t tell us is how well the company can execute, and if any supply or production delays undercut demand.