{"id":109141,"date":"2024-10-01T14:29:45","date_gmt":"2024-10-01T07:29:45","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=109141"},"modified":"2024-10-01T14:29:45","modified_gmt":"2024-10-01T07:29:45","slug":"hurricane-helene-may-have-given-intel-nasdaqintc-a-death-blow","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=109141","title":{"rendered":"Hurricane Helene May Have Given Intel (NASDAQ:INTC) a Death Blow"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"\">\n<p>Did you know that a large part of the chip industry depends on a single road in North Carolina? That road runs out of the town of Spruce Pine, where most of the world\u2019s supply of ultra-pure quartz is found. And the loss of that road to Hurricane Helene may have crippled chipmaker Intel <a data-ticker=\"INTC\" href=\"https:\/\/www.tipranks.com\/stocks\/intc\">(INTC)<\/a>, whose shares are down 2.5% in Monday afternoon\u2019s trading.<\/p>\n<p>Hurricane Helene proved a disaster for large portions of the U.S. Southeast. Several towns in Florida, for example, no longer exist as anything more than a concept. The Town of Spruce Pine, in particular, took it on the chin as the major road leading into the tiny mining town was struck by the hurricane. With over two feet of rain dropped, power is out throughout the region, and many roads are impassable.<\/p>\n<p>Without the quartz that Spruce Pine mines, the entire chip industry could be left scrambling. There are other places to get quartz\u2014which is used to melt polysilicon\u2014but not of the quality that Spruce Pine produces. Without that quartz, the <a href=\"https:\/\/www.tipranks.com\/news\/new-chips-new-codes-give-intel-nasdaqintc-a-boost\">chip industry<\/a> would have to basically make ultra-pure silicon another way, which means a lot more time, effort and resources going into the process.<\/p>\n<h2 class=\"wp-block-heading\"><strong>New Specs and AI Tools<\/strong><\/h2>\n<p>Intel will need all that quartz, too. New reports emerged around its Arrow Lake processor line, and it is showing some serious potential. <em>TechRadar<\/em> revealed that the new Arrow Lake line, specifically, the Core Ultra 9 285 is a 24-core processor with a base speed of 2.5 GHz and a maximum speed of 5.6. But reports saw something amiss in the testing, as the regular 285 proved significantly different than its unlocked counterpart.<\/p>\n<p>Intel is also putting more into its AI operations, bringing out a new kind of retrieval-augmented generation (RAG) approach to help improve the cost-effectiveness of AI. Since using RAG reduces cost and complexity\u2014it removes the need to tune a large-language model, and that makes it that<a href=\"https:\/\/www.tipranks.com\/news\/intel-set-to-secure-8-5-billion-in-u-s-chip-funding\"> much more valuable<\/a> to its end user.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Is Intel a Buy, Hold or Sell?<\/strong><\/h2>\n<p>Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 26 Hold and seven Sell ratings assigned in the past three months, as indicated by the graphic below. After a 33.54% <a href=\"https:\/\/www.tipranks.com\/stocks\/intc\">loss in its share price<\/a> over the past year, the <a href=\"https:\/\/www.tipranks.com\/stocks\/intc\/forecast\">average INTC price target<\/a> of $25.47 per share implies 9.55% upside potential.<\/p>\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.tipranks.com\/stocks\/intc\/forecast\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"784\" src=\"https:\/\/blog.tipranks.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-30-at-15-02-58-Intel-INTC-Stock-Forecast-Price-Targets-and-Analysts-Predictions-TipRanks.com_-1024x784.png\" alt=\"\" class=\"wp-image-1399031\" srcset=\"https:\/\/blog.tipranks.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-30-at-15-02-58-Intel-INTC-Stock-Forecast-Price-Targets-and-Analysts-Predictions-TipRanks.com_-1024x784.png 1024w, https:\/\/blog.tipranks.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-30-at-15-02-58-Intel-INTC-Stock-Forecast-Price-Targets-and-Analysts-Predictions-TipRanks.com_-300x230.png 300w, https:\/\/blog.tipranks.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-30-at-15-02-58-Intel-INTC-Stock-Forecast-Price-Targets-and-Analysts-Predictions-TipRanks.com_-768x588.png 768w, https:\/\/blog.tipranks.com\/wp-content\/uploads\/2024\/09\/Screenshot-2024-09-30-at-15-02-58-Intel-INTC-Stock-Forecast-Price-Targets-and-Analysts-Predictions-TipRanks.com_.png 1518w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><\/a><\/figure>\n<p><a href=\"https:\/\/www.tipranks.com\/stocks\/intc\/forecast\"><strong>See more INTC analyst ratings<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.tipranks.com\/legal\/disclosure-1\" target=\"_blank\" rel=\"noreferrer noopener\">Disclosure<\/a><\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.tipranks.com\/news\/hurricane-helene-may-have-given-intel-nasdaqintc-a-death-blow\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Did you know that a large part of the chip industry depends on a single road in North Carolina? That road runs out of the town of Spruce Pine, where &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=109141\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-109141","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/109141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=109141"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/109141\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=109141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=109141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=109141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}