INTC moves from terrible to less terrible ahead of earnings, Steve Hou notes

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Ivan Andriyenko

13.05.2026

INTC moves from terrible to less terrible ahead of earnings, Steve Hou notes — INTC sees strategic importance rise

Steve Hou highlights a positive shift for INTC, noting the company has improved from a terrible to a less terrible state, especially when considering its geopolitical strategic importance.

The comment follows the company’s latest earnings inflection, which Hou describes as a significant win.

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Hou previously noted that market focus has shifted to capex guidance as the key signal for macro and AI industry trends. He also observed that CPU stocks have seen rapid price gains. These observations provide context for his latest view on INTC’s trajectory.

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