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LIVE NOW: INTEL STOCK REPORTING EARNINGS 2026

Ricky GutierrezJuly 23, 20261h 0m
In a Nutshell

Intel stock surged on strong earnings but the speaker shorted at $109 expecting an overbought reversal, then closed at break-even when support held. Micron delivered $2,100 profit on the day while all chip stocks rallied. The core message is risk management—start small, never hold through earnings calls, size positions to risk no more than 1-2%, and focus on setups rather than dollar amounts.

AI-Generated Notes

These notes were generated by AI and may contain inaccuracies.

Intel is reporting earnings on July 23rd, 2026, with shares having dropped below $100 per share. The stock's after-hours movement is expected to impact all chip and AI stocks. EPS expectations are 21 cents per share with revenue projected at $14.42 billion. The speaker notes Intel's momentum stems from Trump administration promotion, with the stock rising from $40 to highs of $140 before a recent retracement.

The speaker maintains a small Tesla position with an average purchase price around $319, describing it as a swing trade ranging between $20,000-$30,000. For Micron, the oversold range sits around $370 with overbought range near $1,000. The speaker trimmed Micron exposure at $981, selling a portion during the dip while keeping 50 shares worth approximately $50,000 exposure.

After market close, Intel showed a 2.75% push, followed by a 4.2% move. The speaker took a small short position of 10 shares, then added 100 shares at approximately $104 with a $10,000 position. Micron continued moving higher after hours, with the speaker selling remaining shares including extended hours trading, booking $2,100 on the day while keeping one share at the $981 average.

Intel reported strong earnings exceeding market expectations. The speaker notes previous Intel patterns showed 26% positive reactions. The stock trades at a premium despite being unprofitable, losing $3 per year with a negative P/E ratio. CapEx increased but less than Google's levels. Technical indicators show RSI and MACD both pointing to overbought conditions.

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