The quarterly figures of Alphabet and Intel are in focus for the markets, with expectations diverging significantly between the two tech giants. Here is a detailed analysis based on the available data:
Intel (INTC)
- Q1 2025 Figures: Release on April 24, 2025.
- Expected Earnings Per Share (EPS): Initially estimated at $0.0056 according to Finanzen.net, while other sources refer to about $0.01.
- Revenue Forecast: Expected $12.32 billion, a decline of 3.2% year-over-year.
- Challenges: Weak demand in the PC and server market, as well as competitive pressure from AMD and Nvidia, are weighing on margins.
- Outlook: For Q2 2025, an EPS of about $0.0694–0.0696 with expected revenue growth is projected.
Comparison with Other Semiconductor Companies
| Company | Q1 2025 EPS Estimate | Revenue Expectation | Release Date |
|---|---|---|---|
| Intel | ~$0.01 | $12.32 billion | April 24, 2025 |
| Texas Instruments | already released: EPS = ~$1.15–1.47 (Q1 actually exceeded) | – | – |
| AMD/Nvidia | Not yet released | – | – |
Texas Instruments recently delivered surprisingly strong figures (EPS surpassed consensus) and signaled a recovery in the analog chip segment, which is seen as a positive signal for the sector.
Impact on Markets
- (NVIDIA/AMD): Intel’s weak forecasts may intensify skepticism towards traditional semiconductor manufacturers and shift focus to AI-based chip designers.
- (European Tech Stocks): A disappointing Intel result is likely to indirectly burden suppliers like ASML or BE Semiconductor.
- (Alphabet): Although mentioned in the query, there are no specific estimates available for Alphabet. Typically, cloud revenues (Google Cloud) and advertising revenues are central here.
Critical Observation Points
- Intel’s margin development in the foundry segment.
- Progress in EUV chip design to counter TSMC/Samsung.
- Alphabet: Growth of the YouTube segment and investments in generative AI tools.
The results of both companies are regarded as indicators of consumer demand for hardware as well as B2B digitalization investments—key factors for the further performance of the NASDAQ Composite Index.