Intel Corp. (NASDAQ:INTC) stock was up about 0.5% on Thursday as investors rotated back into semiconductor stocks. The broader market favored growth names, with the Nasdaq Composite rising 1.18% and the S&P 500 gaining 0.32%.

Technology stocks led the market, while the Dow Jones Industrial Average slipped 0.06% and the Russell 2000 added 0.69%.

The modest gain suggests investors are selectively adding exposure to large-cap chipmakers as risk appetite improves.

Intel Stock Technical Analysis

Intel remains in a strong long-term uptrend. The stock has gained about 392% over the past 12 months and continues to trade well above its 100-day simple moving average of $84.18 and its 200-day SMA of $62.07. The golden cross formed in August 2025, when the 50-day SMA moved above the 200-day SMA, remains intact.

In the short term, however, the stock is consolidating. Intel is trading 7.2% below its 20-day SMA of $124.58 and 0.8% below its 50-day SMA of $116.55. A move back above the 20-day average could strengthen near-term momentum, while continued weakness may keep the shares range-bound.

The relative strength index stands at 47.21, indicating neutral momentum. The reading suggests the stock is neither overbought nor oversold.

Technical traders may watch resistance near $126.50. Initial support sits around $102.50.

Earnings And Analyst Outlook

Intel is scheduled to report second-quarter results on July 23.

Wall Street expects earnings of 19 cents per share, compared with a loss of 10 cents per share a year earlier. Revenue is projected at $14.40 billion, up from $12.86 billion in the prior-year quarter.

The stock carries a Hold consensus rating with an average analyst price forecast of $88.63. Recent analyst actions include:

• Cantor Fitzgerald: Maintained Neutral and raised its price forecast to $150 on June 29.
• Goldman Sachs: Initiated coverage with a Neutral rating and a $150 price forecast on June 25.
• Bank of America: Reiterated Buy and raised its price forecast to $160 on June 23.

Benzinga Edge Rankings

Intel has a Momentum Score of 99.16, reflecting continued trend strength despite the recent consolidation.

Top ETF Exposure

Intel is a major holding in several exchange-traded funds, including:

• VanEck Semiconductor ETF (NASDAQ:SMH) — 7.36% weighting
• iShares MSCI USA Value Factor ETF (BATS:VLUE) — 9.28% weighting
• State Street SPDR NYSE Technology ETF (NYSE:XNTK) — 6.35% weighting

Large inflows or outflows in these ETFs can influence demand for Intel shares.

Price Action

INTC Stock Price Activity: Intel shares were trading at $115.20 at the time of publication on Thursday, according to Benzinga Pro data.

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