Intel beat Q4 earnings but offered a downbeat outlook

From Nasdaq: 2025-01-31 11:55:00

Intel (INTC) reported strong Q4 2024 results, beating earnings and revenue estimates but offered a downbeat outlook for the current quarter. Shares rose 4% in after-hours trading. The company’s revenue for the year was its lowest in over a decade. Intel is focusing on AI processors and foundry businesses to regain lost market share.

In Q4, Intel reported EPS of 13 cents, beating estimates but lower than the previous year. Revenues fell 7% to $14.3 billion, with declines in client computing and data center revenues, offset by growth in network and edge revenues. Intel projects Q1 revenues of $11.7-$12.7 billion, below estimates, with adjusted earnings expected to break even.

Investors can track Intel-related ETFs like FTXL, FEPI, CHPS, and SMH, which have significant allocations to the semiconductor company. FTXL holds 31 stocks with Intel as the fourth-largest holding. FEPI actively manages tech firms and uses a covered call approach for income. CHPS tracks the Solactive Semiconductor ESG Screened Index, while SMH offers exposure to semiconductor production companies.

FTXL has $316.2 million in AUM, with an expense ratio of 0.60% and Zacks ETF Rank #1. FEPI holds 70 stocks with Intel as the eighth-largest holding. CHPS has AUM of $6.8 million, charges 15 bps in fees, and has an average daily volume of 1,000 shares. SMH manages assets worth $23 billion, charges 35 bps in fees, and trades an average of 6 million shares daily.

Intel aims to recoup lost market share to rivals like Taiwan Semiconductor Manufacturing Co. (TSM) and AMD. The company’s focus on AI processors and foundry businesses is part of its turnaround plan. For more information on Intel and related ETFs, check out Zacks Investment Research for the latest insights and analysis.



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