Intel (INTC) will open up in the 7% range after the firm posted third-quarter results yesterday. Its earnings of $0.23 a share and revenue growth of 3.2% Y/Y (to $13.7 billion) exceeded estimates.
Intel took a one-time $3.5 billion write-down. It cut its cost of sales by $1 billion, while R&D expenses fell. So long as the chip supplier offers innovative chips to the PC and AI server market, Intel is an attractive stock to consider.
Super Micro Computer (SMCI) risks re-testing the $40 zone. The stock lost 8.72% to close at $47.92 after it reported Q1 preliminary sales. This drastically missed the estimates. It expects $5 billion in revenue, far short of the $6.48 billion that analysts forecast.
Technology investors have many other AI infrastructure stocks to consider. HPE (HPE) and Dell Technologies (DELL) are some of the alternatives to consider.
Molina (MOH) plunged after management posted weaker results again. It posted non-GAAP EPS of $1.84 on revenue of $11.47 billion (+10.9% Y/Y). The full year 2025 GAAP EPS of $11.90 is weaker than expected.
Las Vegas Sands (LVS) is on the verge of breaking out of its downtrend. After adding 12.39%, LVS stock has upside from here. Its Marina Bay Sands property generated $743 million in adjusted EBITDA.
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