Intel earnings after the close. What is expected .

<p>Intel will report its earnings after the close. According to analysts:</p><ul><li>Expected Adjusted EPS: $0.45, a significant improvement from last year's Q4 earnings of $0.10 per share.</li><li>Expected Revenue: $15.2 billion, higher than the $14 billion reported in the same quarter last year.</li></ul><p>For the important Data Center and AI Segment:</p><ul><li>Revenue expectations are forecasted to be $4.1 billion for the quarter, a decrease from $4.4 billion in Q4 2022.</li><li>Competitive Strategy: The segment is crucial for Intel to compete with rivals like Nvidia and AMD. Focus on the Gaudi3 accelerator for generative AI software and services.</li></ul><p>Shares of Intel in 2023 rose by 90%. That is the good news. The not-so-good news was it fell -47% in 2022. The closing level in 2021 year was around $51.50. The current price is at $49.29. So although the price gained 90% last year, it was just re-couping the losses from 2022. Move above $51.50 and it may be a good signal for the stock. The 61.8% of the move down from the all-time high comes in at $52.24. Conversely, a move below the 50% at $46.98 would tilt the technical bias to the downside. </p><p>Options on Intel are implying a 7.7% swing for the shares either up or down. That is close to the average of 7.4% over the last 8 quarters according to Trade Alert. That is a +/-$3.81. From current levels, it implies a range of $45.71 on the downside and $53.33 on topside. </p><p>An interesting breakdown of Intel vs Nvidia:</p><p>Nvidia period ending Jan 2023:</p><ul><li>EPS $0.88</li><li>Rev 6.051B</li></ul><p>Est for Jan 2024:</p><ul><li>EPS: $4.15</li><li>Rev: $20.13B</li></ul><p>Intel period ending Dec 2022:</p><ul><li>EPS: $0.10</li><li>Rev: $14.04B</li></ul><p>Est for Dec 2023</p><ul><li>EPS $0.45</li><li>Rev: $15.15B</li></ul>

This article was written by Greg Michalowski at www.forexlive.com.