Reference market
Closed- Regular hours
- CLOSED – CLOSED EST
- Next holiday
- Nov 26, 2026 · Thanksgiving Day
Equity
Intel Corporation (INTC) perpetual futures
INTC perpetual futures on 30 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade INTCUSDT.
Intel designs and manufactures computing, data center, AI, and semiconductor products, selling to OEMs, ODMs, cloud providers, and others.
$57.71-1.0%NASDAQ closed
Price chart
–
Use the left and right arrow keys to inspect points on the chart.
venue perp mark · Binance (INTC/USDT)
Auto: highest-volume live perp venueOpen in TradingView
Trading data
Perpetual market activity
30/30 live markets
Trading data
Perpetual market activity
Venues
30
Live markets
30/30
24h volume
$118.7MCoverage: 23/30 marketsExchange-reported volume: $151M
Open interest
$258.4MCoverage: 27/30 markets
Best liquidity
$36.6M
MEXC
Tightest spread
+0.9 bps
Hyperliquid HIP-3
Highest volume
$56.9M
Binance
Settlement mix
USDT · 18/30
Perp/spot vol.
0.02x
Spot volume $5.9B
OI / float
+0.10%
Float $263.8B
Spot performance
1D-2.52%
5D+4.92%
1M-37.44%
6M-45.15%
YTD+61.68%
1Y+71.88%
Venue matrix
30 markets
Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.
| Trade | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Binance | Trade | INTC/USDT | Trading | $57.61 | 0.0% APR 0.000% every 8h | +1.7 bps | $4.3M | $56.9M | $84.3M | USDT | - | |
 Hyperliquid HIP-3 | Trade | xyz:INTC | Trading | $57.56 | -95.3% APR -0.011% every 1h | +0.9 bps | - | $14.5M | $74.1M | USDC | 10x | |
 Gate.io | Trade | INTC/USDT | Trading | $57.60 | 0.0% APR 0.000% every 8h | +3.5 bps | $8.2M | $13.5M | $10.2M | USDT | 75x | |
 OKX | Trade | INTC/USDT | Trading | $57.60 | 0.0% APR 0.000% every 8h | +1.7 bps | $1.6M | $11.6M | $25.5M | USDT | 25x | |
 Bybit | Trade | INTC/USDT | Trading | $57.61 | 0.0% APR 0.000% every 8h | +3.5 bps | $1.2M | $7.5M | $26.6M | USDT | 50x | |
 Bitget | Trade | INTC/USDT | Trading | $57.63 | 0.0% APR 0.000% every 8h | +1.7 bps | $13.5M | $7.2M | $15.3M | USDT | 50x | |
 MEXC | Trade | INTC/USDT | Trading | $57.71 | 0.0% APR 0.000% every 8h | +17.3 bps | $36.6M | $1.6M | $9.5M | USDT | 100x | |
 Ondo Perps | Trade | INTC/USD | Trading | $57.54 | - | +1.7 bps | $709.1K | $1.4M | $1.2M | USDC | 10x | |
 KuCoin | Trade | INTC/USDT | Trading | $57.63 | 0.0% APR 0.000% every 8h | +6.9 bps | $44.1K | $799.7K | $3.3M | USDT | 20x | |
 HTX | Trade | INTCX/USDT | Trading | $57.62 | 0.0% APR 0.000% every 8h | +1.7 bps | $1.4M | $674.2K | $346.6K | USDT | - | |
 Deribit | Trade | INTC/USDC | Trading | $57.55 | -17.1% APR -0.016% every 8h | +5.2 bps | $457.3K | $555.6K | $443.6K | USDC | 10x | |
 Variational | Trade | INTC/USDC | Trading | $57.64 | 0.0% APR 0.000% every 8h | +6.4 bps | no public depth feed | $516.1K | $1.3M | USDC | - | |
 XT.com | Trade | INTC/USDT | Trading | $57.62 | 0.0% APR 0.000% every 8h | +5.2 bps | $599.8K | $495.5K | - | USDT | 25x | |
 Backpack | Trade | INTC/USDC | Trading | $57.57 | +5.5% APR +0.00063% every 1h | +1.7 bps | $148.6K | $491.6K | $152.8K | USDC | 10x | |
 Helix (Injective) | Trade | INTC/USDC | Trading | $58.68 | +24.1% APR +0.00275% every 1h | - | no public depth feed | $379.8K | - | USDC | 12x | |
 Aster | Trade | INTCUSDT | Trading | $57.77 | 0.0% APR 0.000% every 8h | +6.9 bps | $392.5K | $344.3K | $1.1M | USDT | - | |
 BloFin | Trade | INTC/USDT | Trading | $57.61 | +1.5% APR +0.00137% every 8h | +3.5 bps | $4.2M | $121.1K | $1.8M | USDT | 25x | |
 Phemex | Trade | INTC / USDT | Trading | $57.63 | 0.0% APR 0.000% every 8h | +64.1 bps | $26.1K | $86.3K | $415.7K | USDT | 10x | |
 Crypto.com Exchange | Trade | INTC/USD | Trading | $57.60 | +5.0% APR +0.00057% every 1h | +102.5 bps | $35.1K | $40.3K | $19.7K | USD | 50x | |
 Extended | Trade | INTC/USD | Trading | $57.57 | 0.0% APR 0.000% every 1h | +1.7 bps | - | $32.2K | $168.8K | USD | 10x | |
 Orderly Network | Trade | INTC/USDC | Trading | $57.60 | +11.0% APR +0.010% every 8h | - | no public depth feed | $922.4 | $4.4K | USDC | - | |
 Aevo | Trade | INTC/USDC | Trading | $57.56 | +8.8% APR +0.00100% every 1h | +23.6 bps | $162.8K | $0 | $23.2K | USDC | 10x | |
 Paradex | Trade | INTC/USD | Trading | $57.59 | -41.4% APR -0.038% every 8h | +13,818.4 bps | $0 | $0 | $138.2 | USDC | 5x | |
 Vest | Trade | INTC/USDC | Trading | $58.71 | +5.0% APR +0.00057% every 1h | +155.0 bps | $23.8K | - | - | USDC | 25x | |
 Deepcoin | Trade | INTC/USDT | Trading | $57.62 | - | +1.7 bps | $1.5M | $11.7M⚠ | $34.1K | USDT | 20x | |
 LBank | Trade | INTC/USDT | Trading | $57.61 | 0.0% APR 0.000% every 8h | +1.7 bps | $10.3M | $8.6M⚠ | $221K | USDT | 50x | |
 Ourbit | Trade | INTC/USDT | Trading | $57.61 | 0.0% APR 0.000% every 8h | +1.7 bps | $13.5M | $4.8M⚠ | $116.7K | USDT | 100x | |
 Bitunix | Trade | INTC/USDT | Trading | $57.61 | +3.7% APR +0.00334% every 8h | +1.7 bps | $11.3M | $3.5M⚠ | $1.1M | USDT | 50x | |
 BingX | Trade | INTC-USDT | Trading | $57.61 | +5.5% APR +0.00500% every 8h | +3.5 bps | $5.8M | $2.4M⚠ | $533.7K | USDT | - | |
 GRVT | Trade | INTC/USDT | Trading | $57.60 | 0.0% APR 0.000% every 8h | +5.2 bps | $654.1K | $1.4M⚠ | $426.3K | USDT | - |
Unverified volume: implausibly high against open interest, a typical sign of wash trading. These venues are listed last.
Tokenized wrappers of the real stock, tradable on-chain and on crypto exchanges around the clock. Premium/discount compares the token price to our stock reference price. Data: CoinMarketCap · Robinhood · DexScreener · GeckoTerminal.
| Product | Price | Premium vs stock | 24h Vol. | Market Cap | Chains |
|---|---|---|---|---|---|
| INTCBbStocks | $57.58 | -0.23% | $14.9M | $49.5M | BNB Smart Chain (BEP20) |
| INTCXxStocks | $57.66 | -0.09% | $5.6M | $27.2M | Solana · Arbitrum · BNB Smart Chain (BEP20) · TON |
| INTConOndo GM | $57.70 | -0.02% | $1.4M | $7.1M | Ethereum · BNB Smart Chain (BEP20) · Solana · HyperEVM |
| rINTCTokenized | $57.79 | +0.14% | $347k | $6.2M | Arbitrum |
| INTCRobinhood | $57.63 | -0.14% | $194k | $2.0M | Robinhood Chain |
| Exchange | Pair | Price | 24h Vol. | Liquidity |
|---|---|---|---|---|
 uniswapDEX · robinhood | INTC/SPY ↗ | $57.63 | $194k | $176k |
| uniswapDEX · robinhood | INTC/USDG ↗ | – | – | – |
 pancakeswapDEX · bsc | INTCB/USDT ↗ | $57.64 | $76k | $131k |
 raydiumDEX · solana | INTCx/USDC ↗ | $57.76 | $57k | $124k |
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100k
Tradability
Execution quality
Entry cost and depth per venue at $1k–$100kBroad liquidity · 22 of 30 venues absorb $10k · Typical cost: +6.9 bps – +10.0 bps
No fresh book data: Crypto.com Exchange, Vest, Hyperliquid HIP-3, Variational, Helix (Injective), Extended, Orderly Network, Paradex
Taker execution estimate incl. approx. fees - maker fills are not guaranteed.
Best venues for this underlying
Best liquidity
INTCTightest spread
INTCHighest volume
INTCFunding history
Stored venue snapshots by market
Funding history
Stored venue snapshots by marketNext catalyst
Catalysts
Next catalyst
Catalysts
Earnings
2027-01-28
Revenue est. $15.6B · Updated 5h ago
Dividend
$0.13
2024-08-07
Since the close
-3.3%
- -3.3% since the NYSE close · 30v
Reference data
Market context
Reference data
Market context
NASDAQ
Extended-hours reference
Bid58.62
Ask58.8
Volume101,490,323
Research data
Analysts, filings and peer context
Research data
Analysts, filings and peer context
Estimates
6DateEPS estimateRevenue estimateGrowthAnalysts
FY 20261.50$61.9B+17%25
FY 20271.81$69.5B+12%29
FY 20283.00$84.7B+22%19
FY 20294.80$99.9B+18%8
FY 20306.66$126B+26%10
Q1 20291.10$28.3B+109%10
Source: FMP · Consensus
Company events
62027-01-28EarningsActual - / Estimate 0.26-
2026-10-29Earnings · After market closeActual 0.52 / Estimate 0.407Beat
2026-07-23EarningsActual 0.42 / Estimate 0.217Beat
2026-04-23EarningsActual 0.29 / Estimate 0.019Beat
2026-01-22EarningsActual 0.15 / Estimate 0.0814Beat
2025-10-23EarningsActual 0.23 / Estimate 0.0178Beat
Peer comparison
Similar listed perpsRevenue mix
Latest annualUNITED STATESGeographic$15.8B
SINGAPOREGeographic$9.5B
TAIWAN, PROVINCE OF CHINAGeographic$7.7B
Analysts
Price targets in USD| Consensus rating | Hold |
|---|---|
| Average 12-month price target | $113.03 |
| 12-month target range (low – high) | $70 – $200 |
| Ratings in the provider's consensus | 87 |
Price targets as of 2026-11-15
Analyst rating history
Ratings| Month | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| Nov 2026 | 2 | 12 | 36 | 1 | 0 |
| Oct 2026 | 1 | 14 | 36 | 1 | 1 |
| Sep 2026 | 2 | 14 | 32 | 1 | 1 |
| Aug 2026 | 2 | 13 | 32 | 2 | 1 |
| Jul 2026 | 2 | 13 | 32 | 2 | 2 |
| Jun 2026 | 2 | 11 | 32 | 2 | 3 |
| May 2026 | 2 | 11 | 31 | 3 | 3 |
| Apr 2026 | 2 | 11 | 34 | 3 | 4 |
| Mar 2026 | 1 | 8 | 33 | 2 | 4 |
| Feb 2026 | 1 | 8 | 33 | 2 | 4 |
| Jan 2026 | 1 | 8 | 33 | 4 | 4 |
| Dec 2025 | 1 | 4 | 34 | 4 | 3 |
Ownership
Institutional · 2026-Q3Free float86%4.6B shares
Shares outstanding5.3B shares
Institutional55.8%3,238 investors
Investor count change-564
Reference market activity
INTC-PERPDay range (Nov 13)$57$61.34
52 week$32.89$142.35
Spot volume101.5M
Average volume-
Price performance
111D-2.5%
5D+4.9%
1M-37.4%
3M-41.8%
6M-45.2%
YTD+61.7%
1Y+71.9%
3Y+46.9%
5Y+18.6%
10Y+70.9%
MAX+147,829.6%
Insider activity
FY2026 Q4Acquisitions4 transactions329,698 shares
Dispositions6 transactions259,935 shares
Purchases1Ratio 0.67
Sales0
Insider transactions
25DateReporting persontransactionssharesPriceFilings
Intel CEO Tan Lip Bu bought 150,000 shares of common stock on the open market at $64.7312 per share on Nov 2, 2026 (Form 4 filed Nov 4), leaving 1,464,669 shares owned.
Intel officer Chandrasekaran Nagasubramaniyan converted 179,698 restricted stock units into 179,698 common shares and had 80,237 shares withheld for taxes at $65.99.
Intel CEO Lip Bu Tan purchased 105,263 common shares at $95 each on 2026-08-11, increasing holdings to 1,314,669.
Nagasubramaniyan Chandrasekaran converted 33,007 RSUs into 33,007 Intel common shares, and 14,738 shares were withheld to cover taxes at $90.04 per share.
Craig H. Barratt, a director at Intel, was granted 1,461 Restricted Stock Units on 2026-07-30 as compensation, bringing his total holdings to 1,461 units.
Intel CFO David Zinsner converted 37,015 RSUs into 37,015 common shares, then had 18,353 shares withheld for taxes at $109.82 each, leaving 383,580 shares owned.
Intel officer Katouzian Aliyar received awards of 120,005 restricted stock units and 32,729 performance stock units on 2026-05-30, all as compensation grants at $0.00 with no open-market purchase.
Intel EVP Nagasubramaniyan Chandrasekaran sold 21,024 shares of common stock at $118.279 on 2026-05-29, leaving 205,852 shares owned afterward.
Intel officer Bawa Aparna received two A-Award grants of 27,274 shares each (Performance Stock Units and Restricted Stock Units) on 2026-05-30, at $0.00.
Intel officer Aliyar Katouzian filed an initial Form 3 ownership statement dated 2026-05-15, reporting no shares of common stock held or acquired.
Filings
50 · Latest SEC filings2026-11-044Insider transaction report (Form 4)
Intel CEO Tan Lip Bu bought 150,000 shares of common stock on the open market at $64.7312 per share on Nov 2, 2026 (Form 4 filed Nov 4), leaving 1,464,669 shares owned.
2026-11-024Insider transaction report (Form 4)
Intel officer Chandrasekaran Nagasubramaniyan converted 179,698 restricted stock units into 179,698 common shares and had 80,237 shares withheld for taxes at $65.99.
2026-08-144Insider transaction report (Form 4)
Intel CEO Lip Bu Tan purchased 105,263 common shares at $95 each on 2026-08-11, increasing holdings to 1,314,669.
2026-08-034Insider transaction report (Form 4)
Nagasubramaniyan Chandrasekaran converted 33,007 RSUs into 33,007 Intel common shares, and 14,738 shares were withheld to cover taxes at $90.04 per share.
2026-08-034Insider transaction report (Form 4)
Craig H. Barratt, a director at Intel, was granted 1,461 Restricted Stock Units on 2026-07-30 as compensation, bringing his total holdings to 1,461 units.
2026-06-024Insider transaction report (Form 4)
Intel CFO David Zinsner converted 37,015 RSUs into 37,015 common shares, then had 18,353 shares withheld for taxes at $109.82 each, leaving 383,580 shares owned.
2026-06-024Insider transaction report (Form 4)
Intel officer Katouzian Aliyar received awards of 120,005 restricted stock units and 32,729 performance stock units on 2026-05-30, all as compensation grants at $0.00 with no open-market purchase.
2026-06-024Insider transaction report (Form 4)
Intel EVP Nagasubramaniyan Chandrasekaran sold 21,024 shares of common stock at $118.279 on 2026-05-29, leaving 205,852 shares owned afterward.
2026-06-024Insider transaction report (Form 4)
Intel officer Bawa Aparna received two A-Award grants of 27,274 shares each (Performance Stock Units and Restricted Stock Units) on 2026-05-30, at $0.00.
2026-05-223Initial insider ownership statement (Form 3)
Intel officer Aliyar Katouzian filed an initial Form 3 ownership statement dated 2026-05-15, reporting no shares of common stock held or acquired.
2026-05-223Initial insider ownership statement (Form 3)
Intel officer Aparna Bawa filed an initial Form 3 ownership statement, reporting no shares of common stock currently held.
2026-05-154Insider transaction report (Form 4)
Intel director James J. Goetz was awarded 2,782 Restricted Stock Units on 2026-05-13, a compensation grant rather than a purchase. He now owns 2,782 shares.
2026-05-154Insider transaction report (Form 4)
Craig H. Barratt, director of Intel, was awarded a total of 3,895 Restricted Stock Units on 2026-05-13 across two grants (2,782 and 1,113 units), a form of compensation rather than an open-market purchase.
2026-05-154Insider transaction report (Form 4)
Intel director Andrea Jo Goldsmith was awarded 2,782 Restricted Stock Units on 2026-05-13 as compensation, bringing her holding to 2,782 units. This was a grant, not an open-market purchase.
2026-05-154Insider transaction report (Form 4)
Intel director Gregory D. Smith was awarded 2,782 Restricted Stock Units on 2026-05-13 as compensation, bringing his post-transaction holdings to 2,782 shares. This was a grant, not an open-market purchase.
2026-05-154Insider transaction report (Form 4)
Intel director Alyssa Henry was granted 2,782 Restricted Stock Units on 2026-05-13, a compensation award rather than an open-market purchase, bringing her holdings to 2,782 shares.
2026-05-154Insider transaction report (Form 4)
Intel director Steve Sanghi was awarded 2,782 Restricted Stock Units on 2026-05-13, a compensation grant, not an open-market purchase. He now owns 2,782 shares.
2026-05-154Insider transaction report (Form 4)
Intel director Stacy J. Smith was granted 2,782 Restricted Stock Units on 2026-05-13 as compensation, not an open-market purchase. He now owns 2,782 shares directly.
2026-05-154Insider transaction report (Form 4)
Barbara Novick, a director at Intel, was granted 4,284 Restricted Stock Units in two awards on 2026-05-13 as compensation. These were grants, not open-market purchases.
2026-05-154Insider transaction report (Form 4)
Intel director Eric Meurice was granted 2,782 Restricted Stock Units on 2026-05-13 as compensation, not an open-market purchase, bringing his holdings to 2,782 shares.
2026-05-154Insider transaction report (Form 4)
Intel director Dion J. Weisler was awarded 2,782 restricted stock units on 2026-05-13 as compensation, bringing his RSU holdings to 2,782 shares. This was a grant, not an open-market purchase.
2026-05-114Insider transaction report (Form 4)
Director Andrea Jo Goldsmith converted 12,552 RSUs into 12,552 Intel common shares on 2026-05-07, bringing her post-transaction stake to 34,728 shares.
2026-05-084Insider transaction report (Form 4)
Director Steve Sanghi converted 12,552 vested RSUs into 12,552 shares of Intel common stock; this was not an open-market purchase. He now directly owns 17,684 shares.
2026-05-084Insider transaction report (Form 4)
Director Eric Meurice converted 12,552 restricted stock units into 12,552 common shares, now owning 17,684 shares.
2026-05-084Insider transaction report (Form 4)
Craig H. Barratt, director, converted 2,730 restricted stock units into 2,730 shares of Intel common stock on 2026-05-07, leaving 28,751 shares owned afterward.
2026-05-084Insider transaction report (Form 4)
Intel director Alyssa Henry converted 12,552 RSUs into 12,552 common shares on 2026-05-07, leaving 69,212 shares owned and 0 RSUs remaining.
2026-05-084Insider transaction report (Form 4)
Stacy J. Smith converted 12,552 restricted stock units into 12,552 shares of Intel common stock, leaving 23,621 shares owned afterward.
2026-05-084Insider transaction report (Form 4)
Gregory D. Smith, a director at Intel, converted 12,552 RSUs into 12,552 shares of common stock. He now directly owns 27,345 shares.
2026-05-084Insider transaction report (Form 4)
Director James J. Goetz converted 12,552 restricted stock units into 12,552 shares of Intel common stock. He now directly owns 246,787 shares, with no RSUs remaining from this grant.
2026-05-084Insider transaction report (Form 4)
Frank D. Yeary converted 14,059 RSUs into 14,059 common shares and separately acquired 12,552 more common shares via exercise, both at $0.00; holdings rose to 62,567 and 48,508 shares.
2026-05-084Insider transaction report (Form 4)
Director Dion J. Weisler converted 12,552 restricted stock units into 12,552 shares of Intel common stock; he now owns 65,841 shares.
Transcripts
Earnings callsFY2026 Q32026-10-29
Earnings calls
AI summary
mixedIntel reported Q3 FY2026 revenue of $16.5 billion, exceeding guidance for revenue, gross margin and EPS, with DCAI revenue of $7.3 billion up 17% sequentially and nearly 80% year-over-year. Non-GAAP gross margin was 44.1% and non-GAAP EPS was $0.52 versus guidance of $0.38. CCPG revenue was $8.1 billion, down 9% sequentially, as memory shortages and limited IT budgets pressured PC demand. Intel Foundry revenue was $6.7 billion with an operating loss of $1.9 billion. For Q4, Intel guides revenue of $15 billion to $16 billion, gross margin of 38% and EPS of $0.25 at the midpoint, including an estimated ~$300 million revenue and 200 basis point gross margin impact from the Fab 28 incident in Israel. Management expects industry server CPU units to grow more than 30% in both 2026 and 2027, while planning for PC unit TAM to decline roughly 10% in 2027 after an approximately 12% decline in 2026.
Key takeaways
- DCAI revenue was $7.3 billion, up 17% sequentially and nearly 80% year-over-year, with demand continuing to meaningfully exceed available supply.
- CCPG revenue was $8.1 billion, down 9% sequentially, as memory shortages and limited IT budgets accelerated a PC correction.
- Q4 guidance includes roughly $300 million of revenue impact and 200 basis points of gross margin impact from the Fab 28 incident, mostly related to 10-nanometer server products.
- Management expects supply constraints to persist through 2027 and into 2028, with server CPU units projected to grow more than 30% in both 2026 and 2027.
- Intel completed a $23 billion equity offering in August and ended the quarter with approximately $54 billion in cash and short-term investments.
Financial highlights
- Q3 revenue was $16.5 billion; non-GAAP gross margin was 44.1%, approximately 200 basis points above Q2 and guidance.
- Q3 non-GAAP EPS was $0.52 versus guidance of $0.38; operating cash flow was $5.1 billion.
- DCAI operating profit was $3 billion, or 42% of revenue, up approximately $600 million sequentially.
- Intel Foundry revenue was $6.7 billion, up 16% sequentially, with external Foundry revenue of $411 million and an operating loss of $1.9 billion.
Guidance
- Q4 revenue guided to $15 billion-$16 billion; at the $15.5 billion midpoint, non-GAAP gross margin of 38%, tax rate of 11% and EPS of $0.25.
- Q4 DCAI revenue expected to grow mid-teens percent sequentially; CCPG revenue expected to decline greater than 20% sequentially.
- Q4 non-GAAP operating expenses of approximately $4.4 billion and approximately $16.3 billion for the full year; Q4 diluted share count of 5.44 billion.
- 2026 gross capital expenditures on track to be $20 billion, with 2027 gross capital spending expected to be up strongly.
Q&A themes
- Supply constraints: Intel 3 and substrate capacity limit server output, with additional substrate capacity mostly arriving in the second half of 2027.
- PC market: inventory correction concentrated in Q4 and Q1, with 2027 PC unit TAM planned down roughly 10% and no expected memory-driven recovery in 2027.
- Foundry and 18A-P/14A engagement: 14A 0.9 PDK released to select customers, 1.0 PDK targeted for Q1 next year, and potential customer announcements in coming quarters.
- Gross margin drivers: 18A underloading and lower-margin purpose-built silicon are headwinds, partially offset by yield and cost improvements on Intel 3 and 18A.
Risks
- Industry-wide memory shortages and higher memory prices are pressuring PC demand and IT budgets, with management not expecting memory-driven improvement in 2027.
- Supply constraints in Intel 3, advanced organic substrates and the Fab 28 shutdown limit Intel's ability to meet server demand.
- Intel expects 2027 to be an investment year and does not anticipate positive free cash flow next year.
FY2026 Q22026-07-23
Earnings calls
AI summary
positiveIntel reported second quarter 2026 revenue of $16.1 billion, $1.8 billion above guidance, marking the seventh consecutive quarter of exceeding expectations. The company delivered non-GAAP EPS of $0.42 versus guidance of $0.20, driven by robust demand for AI infrastructure and record server CPU growth. Gross margin of 41.8% came in 280 basis points better than guided. AI-driven businesses grew over 70% year-over-year and contributed approximately 70% of revenue. In response to strong customer demand signals and long-term agreements, Intel significantly raised its 2026 capital expenditure guidance to more than $20 billion and indicated 2027 CapEx will be substantially higher. The company is experiencing industry-wide supply constraints as demand outpaces growing supply, particularly in data center and server segments. Intel Foundry Services achieved output 25% above target for 18A with improving yields, while the company advanced 14A development with PDK 0.9 on track for October and committed to high-volume ramps in 2028. Client Computing and Data Center segments showed strong growth with particular momentum in AI PC and purpose-built silicon products.
Key takeaways
- Revenue of $16.1B exceeded guidance by $1.8B, with seven consecutive quarters of beating expectations and strongest revenue growth in over 15 years
- AI-driven businesses grew over 70% year-over-year, contributing 70% of total revenue, with record data center server CPU growth
- Non-GAAP gross margin of 41.8% exceeded guidance by 280 basis points due to higher revenue, better yields, and improved pricing
- Intel raised 2026 CapEx guidance to over $20B from initial expectations, with 2027 CapEx forecasted to be significantly higher, primarily for U.S. manufacturing
- Supply constraints remain the primary challenge as strong customer demand continues to exceed growing supply across wafers, memory, and substrates
Financial highlights
- Q2 revenue: $16.1 billion, $1.8 billion above midpoint guidance
- Non-GAAP gross margin: 41.8%, 280 basis points better than guidance
- Non-GAAP EPS: $0.42 versus guidance of $0.20
- Operating cash flow: $7.0 billion in Q2
Guidance
- Q3 2026 revenue guidance: $15.8 billion to $16.8 billion (midpoint $16.3 billion)
- Q3 2026 non-GAAP gross margin: 42%
- Q3 2026 non-GAAP EPS: $0.38
- Non-GAAP operating expenses: approximately $16.5 billion for full year 2026
Q&A themes
- CapEx allocation strategy balancing customer demand commitments with financial discipline and return on investment expectations
- Server CPU market share prospects and competitive positioning against AMD and ARM in the near and long term
- Client segment dynamics including pricing actions, mix improvements, and expectations for second half of 2026 weakness
- Intel Foundry Services external customer confidence, 14A process development progress, and timeline for foundry customer announcements
Risks
- PC market expected to decline in low double digits for all of 2026 due to rising memory prices and supply constraints, offsetting some growth opportunities
- Supply remains very tight with near-term linearity skewed toward end of Q3 and Q4, particularly for server products, limiting revenue acceleration
- Gross margin faces headwinds from new products like Panther Lake and Granite Rapids being early in life cycle and below corporate average despite cost improvements
FY2026 Q12026-04-23
Earnings calls
AI summary
positiveIntel reported Q1 2026 revenue of $13.6 billion, $1.4 billion above guidance midpoint, driven by 40% year-over-year growth in AI-related businesses representing 60% of revenue. The company achieved non-GAAP gross margin of 41% and EPS of $0.29, marking six consecutive quarters of exceeding expectations. Strong demand for Xeon server CPUs continues to outpace supply, while Intel 18A yields are tracking ahead of expectations and 14A shows promising progress toward customer design commitments in H2 2026.
Key takeaways
- Q1 revenue $13.6B (up 1.4B vs. guidance midpoint); AI-driven businesses grew 40% YoY and represent 60% of revenue
- DCAI segment revenue $5.1B (+7% sequential, +22% YoY) with strong server CPU momentum and ASIC revenue up 30% sequentially and nearly 100% YoY
- Intel 18A yields running ahead of internal projections; Intel 14A yields and performance outpacing Intel 18A at comparable stage; expect early design commitments H2 2026
- Server CPU TAM expected to grow double digits in 2026 with momentum extending into 2027; CPU-to-GPU ratio shifting toward parity from historical 1:8 in training to 1:4 or better in inference
Financial highlights
- Q1 2026 revenue: $13.6 billion (+1.4B vs. guidance); non-GAAP gross margin: 41% (+650 bps vs. guidance); non-GAAP EPS: $0.29 vs. guidance of breakeven
- DCAI revenue: $5.1 billion (+7% sequential, +22% YoY); CCG revenue: $7.7 billion (-6% sequential); Intel Foundry revenue: $5.4 billion (+20% sequential)
- Intel Foundry operating loss: $2.4 billion (improved $72M QoQ); Operating profit DCAI: $1.5 billion (31% margin); Operating profit CCG: $2.5 billion (33% margin)
- Operating cash flow Q1: $1.1 billion; Gross CapEx Q1: $5 billion; Adjusted free cash flow: -$2 billion
Guidance
- Q2 2026 revenue guidance: $13.8B to $14.8B (up 2% to 9% sequentially); midpoint $14.3B with non-GAAP gross margin of 39%, tax rate of 11%, EPS of $0.20
- Expect sequential revenue growth in both CCG and DCAI in Q2 with DCAI up double digits; factory network to increase available supply in Q3 and Q4 at measured pace
- Full year 2026 CapEx expected flat to 2025 levels versus prior expectation of flat to down; tool spending up approximately 25% YoY while space spending down materially
- 2026 OpEx directionally targeting $16 billion but likely higher due to inflationary pressures and variable compensation; expect full year positive adjusted free cash flow excluding Fab 34 buyout
Q&A themes
- Long-term agreements (LTAs) with customers including Google for Xeon and ASIC; typically 3-5 year contracts with volume and pricing terms; multiple customers signed, some confidential
- Advanced packaging backlog growing with customer demand estimated in billions of dollars annually rather than hundreds of millions; margins expected to meet or exceed foundry average
- ASIC/purpose-built silicon business already at run rate north of $1 billion annually; significant opportunity to grow by tailoring designs for specific customer workloads using Intel's CPU, packaging, and foundry capabilities
- Competitive positioning: CPU gaining share in AI infrastructure as inference workloads move from training model; multithreading capability in Coral Rapids roadmap to compete more effectively; partnerships like SambaNova for heterogeneous compute
Risks
- Macroeconomic and geopolitical environment dynamic; constraints and rising prices in memory, wafers, and substrates driving higher costs that could impact demand; PC industry expected down low double-digit percent in 2026
- Intel 18A still early in ramp and below corporate average gross margins; meaningful contribution expected to reduce Q2 gross margin modestly; foundry gross margins require multiple quarters to reach average levels
- Rising input costs, particularly memory, substrates, and T glass, present growing headwinds in second half of 2026 that could offset yield and throughput improvements
FY2025 Q42026-01-22
Earnings calls
AI summary
mixedIntel delivered Q4 2025 results above guidance with $13.7 billion in revenue and 37.9% non-GAAP gross margin, driven by strong demand across AI PCs, data center, and networking. The company is supply-constrained and expects Q1 2026 revenue of $11.7-12.7 billion as inventory buffers deplete. CEO Lip-Bu Tan highlighted progress on Intel 18A manufacturing and 14A development, positioning Intel for foundry growth starting in 2027-2028.
Key takeaways
- Q4 revenue of $13.7B exceeded guidance; fifth consecutive quarter of overdelivering, with non-GAAP EPS of $0.15 vs. $0.08 guided
- Q1 2026 guidance of $11.7-12.7B reflects supply constraints peaking in Q1 before sequential improvement in Q2 and beyond
- Custom ASIC business reached $1 billion annualized run rate in Q4 with 50%+ growth, targeting $100 billion TAM
- Core Ultra Series 3 launched with 3 SKUs ahead of plan; Panther Lake delivering up to 27 hours battery life and 70% graphics improvement
- 14A foundry node on track for risk production in late 2027 and volume production in 2028, with customer engagements active and PDK 0.5 delivered
Financial highlights
- Q4 revenue: $13.7 billion; full year 2025 revenue: $52.9 billion, down slightly YoY due to supply constraints
- Q4 non-GAAP gross margin: 37.9%, 140 bps above guidance; full year 2025: 36.7%, up 70 bps YoY
- Q4 non-GAAP EPS: $0.15 vs. $0.08 guidance; full year 2025 non-GAAP EPS: $0.42, up $0.55 YoY
- DCAI revenue grew 15% sequentially in Q4; CCG revenue down 4% QoQ despite 16% AI PC unit growth
Guidance
- Q1 2026 revenue guidance: $11.7-12.7 billion (midpoint $12.2B), below seasonal due to supply constraints; non-GAAP EPS breakeven
- Q1 2026 non-GAAP gross margin: approximately 34.5%; full year 2026 OpEx target: $16 billion
- 2026 CapEx: flat to slightly down, with spending weighted to H1 and focused on tools rather than new fab space
- Full year 2026: expect positive adjusted free cash flow and plan to retire all $2.5 billion of debt maturities
Q&A themes
- Supply constraints most acute in Q1 2026 but improving sequentially each quarter; yield improvements of 7-8% per month underway with focus on consistency and defect density
- Data center server demand very strong from both hyperscalers and enterprise; CPU central to AI inference workloads driving new demand and refresh cycles
- 14A foundry customers expected to make firm capacity commitments in H2 2026 and H1 2027; advanced packaging opportunities exceed prior expectations at $1B+ per customer
- Memory and substrate supply constraints across industry could limit PC market growth; company managing allocation carefully to prevent incomplete systems reaching customers
Risks
- Supply constraints limiting revenue capture despite strong demand; Q1 2026 expected at low end of seasonal due to depleted inventory buffers
- Panther Lake manufacturing yields still below industry-leading standards and dilutive to gross margins despite monthly improvements
- External supply dependencies for DRAM, NAND, and substrates tightening due to AI infrastructure build-out, potentially limiting full-year revenue opportunity
FY2025 Q32025-10-23
Earnings calls
AI summary
mixedIntel reported Q3 revenue of $13.7 billion, 6% sequential growth, with non-GAAP gross margin of 40% and EPS of $0.23, marking the fourth consecutive quarter of revenue beats. The company secured approximately $20 billion in cash through U.S. government funding ($5.7 billion), strategic partnerships with SoftBank ($2 billion) and NVIDIA ($5 billion expected Q4 close), and divestiture proceeds, exiting Q3 with $30.9 billion in cash and short-term investments. CEO Lip-Bu Tan emphasized progress on Intel 18A yields, Panther Lake launch, foundry customer engagements, and a new collaboration with NVIDIA leveraging NVLink to combine x86 and AI computing capabilities.
Key takeaways
- Q3 revenue of $13.7 billion exceeded guidance; CCG up 8% QoQ, PC AI up 5% QoQ, both above expectations despite supply constraints on Intel 10 and 7
- Balance sheet strengthened significantly with $20 billion in strategic funding including $5.7B U.S. government investment, $2B SoftBank, and anticipated $5B NVIDIA investment
- Intel 18A progressing on track with yields improving predictably; Fab 52 in Arizona now fully operational; Panther Lake launch targeted for year-end with 18A family foundation for next 3 generations
- New Central Engineering Group established to unify horizontal engineering functions and spearhead ASIC and design services business for external customers
- NVIDIA collaboration announced leveraging NVLink to connect Intel x86 CPUs with NVIDIA accelerators across multiple generations for AI infrastructure applications
Financial highlights
- Q3 revenue: $13.7 billion, up 6% sequentially; Intel Products $12.7B up 7% QoQ
- Non-GAAP gross margin: 40%, 4 percentage points above guidance due to higher revenue, favorable mix, and lower inventory reserves
- Q3 non-GAAP EPS: $0.23 versus guidance of breakeven, driven by higher revenue and stronger margins
- Q3 operating cash flow: $2.5 billion with positive adjusted free cash flow of $900 million; gross CapEx of $3 billion
Guidance
- Q4 revenue guidance: $12.8 billion to $13.8 billion (midpoint $13.3B, roughly flat QoQ adjusting for Altera deconsolidation)
- Q4 non-GAAP gross margin: approximately 36.5%, down sequentially due to product mix, Core Ultra 3 ramp costs, and Altera deconsolidation
- Q4 non-GAAP EPS: $0.08; tax rate 12%; average fully diluted share count approximately 5 billion
- 2025 gross CapEx: approximately $18 billion; expected to deploy more than $27 billion CapEx in 2025 versus $17 billion in 2024
Q&A themes
- Foundry foundational improvements include yield predictability, 18A customer engagement on milestone basis, and advanced packaging (EMIB-T) demand from cloud and enterprise customers; customer commitments expected before major capacity investments
- Supply constraints persist across Intel 10 and 7 due to high demand and no planned incremental capacity; company managing through demand shaping and prioritizing server shipments over entry-level client products
- AI PC adoption accelerating with expected 100 million units shipped by year-end; Windows 11 refresh driving additional demand beyond AI PC segment
- 18A yields adequate for current supply needs but improvement needed for appropriate margins by end of 2026; 14A showing better performance and yield trajectory relative to 18A at equivalent maturity stage
Risks
- Supply constraints on Intel 10 and 7 expected to persist into 2026 with potential inventory depletion in Q1; foundry gross margins remain negative requiring significant process and product improvements
- 18A yields and cost structure not yet optimal; Panther Lake and Lunar Lake early ramp costs expected to be dilutive to gross margins in early 2026; data center competitive positioning requires multiyear cost structure improvements
- Foundry strategy dependent on securing customer commitments before capacity expansion; uncertainty around timing and scope of external foundry customer demand translating to capital deployment
FY2025 Q22025-07-24
Earnings calls
AI summary
mixedIntel exceeded Q2 revenue expectations at $12.9B despite $2B in restructuring charges related to headcount reductions and asset impairments. New CEO Lip-Bu Tan outlined strategic priorities including organizational streamlining to 75,000 employees, disciplined foundry capital deployment contingent on customer commitments, and a pivot toward inference and agentic AI. The company guided Q3 revenue to $12.6B-$13.6B and maintained 2025 OpEx target of $17B.
Key takeaways
- Completed majority of workforce reductions to reach 75,000-employee target; reduced management layers by ~50%
- Halting Germany and Poland foundry projects; slowing Ohio construction to align CapEx with actual customer demand rather than forecast-driven investment
- 18A foundry node on track for Panther Lake launch by year-end; 14A development contingent on demonstrated yield, performance, and external customer volume commitments before CapEx deployment
- Refocusing AI strategy on inference and agentic AI workloads with full-stack software-to-silicon approach; emphasizing differentiation rather than competing directly with NVIDIA in training
- Q2 gross margin of 29.7% impacted by $800M impairment on excess tools and $200M period costs; underlying non-GAAP margin was 37.5%
Financial highlights
- Q2 revenue: $12.9B (above guidance); Intel Products $11.8B, Intel Foundry $4.4B, All Other $1.1B
- Q2 non-GAAP gross margin: 37.5% (excluding impairments; reported 29.7%); non-GAAP EPS $0.10 (excluding impairments; reported -$0.10)
- Q2 operating cash flow: $2.1B; gross CapEx $4.5B; net CapEx $3.1B; adjusted free cash flow negative $1.1B
- Cash and short-term investments: $21.2B; 2025 gross CapEx guidance reduced to ~$18B (down ~$5B from beginning of year); 2025 OpEx target $17B, 2026 target $16B
Guidance
- Q3 2025 revenue: $12.6B-$13.6B (down 2% to up 6% sequentially); gross margin ~36%; non-GAAP EPS breakeven
- 2025 OpEx: $17B; 2026 OpEx target: $16B
- 2025 gross CapEx: ~$18B; net CapEx: $8B-$11B; 2026 gross and net CapEx expected lower than 2025 due to better utilization of construction in progress
- Tax rate: 12% for Q3; noncontrolled income Q3-Q4: $250M-$300M on GAAP basis
Q&A themes
- Foundry strategy tied to demonstrated customer trust via reliable execution on 18A; external customers more likely post-internal ramp; 14A development ongoing with early customer engagement but CapEx contingent on yield, performance, and volume commitments
- Server CPU competition and share recovery dependent on Diamond Rapids (H2 2026 timing, ±6 months), improved multi-threading capabilities, and alignment with hyperscaler workload requirements; claimed holding share relatively well at ~55% despite performance gaps
- Intel 7 capacity constraints persisting through H2 2025 driven by strong Raptor Lake demand; Lunar Lake ramp in Q3 and Panther Lake early ramp expected to pressure gross margins in near term but expand as volumes and yields improve
- CapEx decline next year driven by digestion of heavy prior-year spending; sustaining CapEx estimated at ~50% of $18B normalized level (~$9B), but total 2026 CapEx expected meaningfully higher than $9B but less than $18B; final 2026 CapEx locked in January 2026
Risks
- Foundry business execution risk: turnaround dependent on achieving 18A yields and volumes before external customers engage; 14A still unproven with contingent CapEx deployment creating uncertainty for external partners
- Server CPU competitive position weakening; regaining share will take time despite roadmap improvements; ARM posed as emerging threat claiming potential for 50%+ server market share
- Gross margin pressure in near-to-medium term from Lunar Lake and Panther Lake early ramps, outsourced product mix, and tariff costs; full benefit dependent on yield improvements and volume growth assumptions
Company news
Reuters, WSJ, Bloomberg and FT first, as far as our news provider delivers them; other publishers behind the second filter. Headlines link to the publisher.- U.S. Stocks Slide as Amazon, Intel Earnings Spark More AI Selling
- Intel warning sparks chip rout as PC weakness clouds turnaround
- Nasdaq futures tumble as Amazon, Intel results deepen AI spending woes
- Stock Market Today: Intel Stock Crashes Premarket as Tech Selloff Extends
- Weak quarter for Intel sends shivers through cooling chip stocks
- Intel Shares Tumble on Lower Profit, Weak Guidance
- Intel signals slower growth as PC market remains under pressure
- Intel to buy quantum firm Classiq for about $2.3 billion, Bloomberg News reports
- FCC grants Intel waiver for foreign-made robotic devices
- Intel to keep working on Musk's Terafab chipmaking venture, Bloomberg News reports
Company data
Company intelligence
Updated: Nov 15, 2026, 12:21 PM UTC
Company data
Company intelligence
Company profile
- Sector
- Technology
- Industry
- Semiconductors
- Chief executive
- Lip-Bu Tan
- Employees
- 85,100
- IPO date
- Mar 17, 1980
- Country
- US
- Exchange
- NASDAQ
Altman Z-scorei2.55
Piotroski scorei5/9
Overall ratingiC-
Owner earningsi$4.63B$0.87 per share
ESG risk ratingiA-Industry rank: 1/122
Rating factors
- Return on equityi
- 1/5
- Return on assetsi
- 1/5
- Debt to equityi
- 2/5
- Price to earningsi
- 1/5
- Price to booki
- 2/5
Company press releases
INTC Investors Have Opportunity to Lead Intel Corporation Securities Fraud Lawsuit with SBS LawBusiness WireINTC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Files Class Action Lawsuit Against Intel Corporation and Announces Opportunity for Investors with Substantial Losses to Lead the Intel Class Action LawsuitGlobeNewsWireIntel, RadixArk Collaborate to Advance Open AI Inference on Intel PlatformsBusiness WireLMSYS Org Launches SGLang Consortium with NVIDIA, AMD, Intel, Google, Meta, Cloudflare, Modal and RadixArk to Advance Open-Source AI InferenceBusiness WirePanmnesia to Accelerate CXL Server Adoption in AI Data Centers with Ecosystem PartnerBusiness WireINVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Intel Corporation - INTCPRNewsWire
Congressional disclosures
Senate
Shelley Moore CapitoSale (Partial) · $1,001 - $15,000Disclosed: Aug 4, 2026Shelley Moore CapitoSale · $1,001 - $15,000Disclosed: Aug 4, 2026Alan ArmstrongPurchase · $1,001 - $15,000Disclosed: Jul 21, 2026Gary C. PetersSale (Full) · $15,001 - $50,000Disclosed: Jan 7, 2026Gary C. PetersSale · $15,001 - $50,000Disclosed: Jan 8, 2026
House
Market cap history
$312.86B-40.2%Aug 2026 – Nov 2026
Latest: $312.86B · 2026-11-13High: $621.57B · 2026-09-21Low: $311.34B · 2026-11-09
Largest fund holders
| Fund | Weight | Shares held |
|---|---|---|
| VTI | 0.74% | 142.6M |
| VOO | 0.91% | 130.5M |
| FXAIX | 0.91% | 124.2M |
| QQQ | 1.4% | 111.9M |
| IVV | 0.45% | 66.8M |
| 1655.T | 0.44% | 66.8M |
| 1657.T | 0.34% | 66.8M |
| SPY | 0.44% | 60.9M |
| VUG | 1.45% | 47.4M |
| VPMAX | 6.14% | 46.8M |
| SOXX | 6% | 42.6M |
| XLK | 1.89% | 36.6M |
Analyst track record
How the analysts covering INTC have done: ratings, price-target accuracy and the measured reaction after their calls.
| 12 months | 3 years | |
|---|---|---|
| Ratings | 247 | 817 |
| Analysts | 55 | 68 |
| Buy / hold / sell | 55 / 171 / 21 | 105 / 638 / 74 |
| Upgrades / downgrades / initiations | 21 / 5 / 7 | 30 / 19 / 12 |
| Price targets hit / missed | 72 / 153 (32%) | 534 / 165 (76%) |
| Avg. return after a rating (TipRanks) | -11.6% | +75.8% |
| Best / worst call | +111.0% / -69.4% | +337.1% / -69.4% |
After buy calls on this stock: median 21-day move +2.3% vs S&P 500 +0.5% (n = 107)
Most accurate on this stock
Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.
- Vivek AryaBank of America Securities100% hit rate on this stock · 11 targets measuredHoldtarget $80.00Nov 12, 2026
- Harlan SurJ.P. Morgan86% hit rate on this stock · 14 targets measuredHoldtarget $80.00Oct 30, 2026
- Gus RichardNorthland Securities57% hit rate on this stock · 23 targets measuredBuytarget $93.00Oct 30, 2026
Latest ratings
| Date | Analyst | Call | Target | |
|---|---|---|---|---|
| Nov 12, 2026 | Vivek AryaBank of America SecuritiesNov 12, 2026 | HoldReiterated | $80.00↗ | article ↗ |
| Nov 9, 2026 | Srini PajjuriRBC CapitalNov 9, 2026 | HoldMaintained | $75.00↗ | article ↗ |
| Nov 5, 2026 | Thomas O'MalleyBarclaysNov 5, 2026 | HoldMaintained | $75.00↗ | article ↗ |
| Nov 2, 2026 | Unknown AnalystArgus ResearchNov 2, 2026 | HoldReiterated | –↗ | article ↗ |
| Oct 30, 2026 | Harlan SurJ.P. MorganOct 30, 2026 | HoldMaintained | $80.00↗ | article ↗ |
Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.
TipRanks data · computed Nov 13, 2026 · 247 ratings
Frequently asked questions
Where can I trade INTC perpetual futures?
Intel Corporation (INTC) perpetual futures trade on 30 crypto venues, including Binance, Hyperliquid HIP-3, Gate.io. PerpEquities compares them by live price, funding rate, open interest and liquidity.
Can I trade INTC around the clock?
Yes. Unlike the underlying stock, INTC perpetuals trade 24/7 — including weekends and outside regular market hours.
What is the funding rate on INTC perpetuals?
Right now the INTC perp funding rate is 0.0% annualized (venue median), ranging from -95.3% to +3.7% across 30 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.
How does the INTC perp price compare to the Intel Corporation stock?
The venue-median INTC perp mark is $57.6 versus a reference stock price of $57.7, a basis of -0.2%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.
What is a INTC perpetual future?
A INTC perpetual is a derivative that tracks the price of Intel Corporation with no expiry date. It lets you take long or short exposure to Intel Corporation on crypto venues, around the clock.
What is INTCUSDT perpetual?
INTCUSDT is the symbol most crypto exchanges use for the Intel Corporation perpetual settled in USDT (Tether). It tracks the INTC share price through an index, trades 24/7 with leverage and never expires.
Embed this asset
<a href="https://perpequities.com/stocks/intc-perp"><img src="https://perpequities.com/badge/intc-perp.svg" width="240" height="64" alt="INTC perpetuals · perpequities.com" loading="lazy"></a>