CNBC's "Fast Money" Intel Reports Results… And Quantum Leaps As U.S. Eyes Next Equity Stake 10/23/25
Oct 23, 2025
The hosts dive into Intel's impressive quarter and how AI-driven demand might be changing the landscape. Memory chip prices are on the rise, sparking discussions about the semiconductor cycle. As crude oil prices jump due to new sanctions on Russia, the potential for investing in quantum stocks emerges. Insights into navigating the upcoming Mag7 earnings reveal volatility beneath a calm index. Plus, the implications of a recent FBI gambling sting shake the sports betting sector.
AI Snips
Chapters
Transcript
Episode notes
Intel's Inventory-Led Demand Surge
- Intel sees a faster-than-expected data center refresh that is burning through inventory and could constrain supply into 2025.
- CFO Dave Zisner said government investment and asset sales could leave Intel with roughly $35 billion in cash after NVIDIA pays $5 billion.
Foundry Still A Profit Drag
- Intel's foundry business remains a drag, declining and still unprofitable despite strategic focus.
- Management refused to add supply or make customer announcements until they see firm demand.
Memory Prices Jump Signals Broader Cycle
- Korea Economic Daily reported Samsung and SK Hynix plan ~30% DRAM and NAND price hikes, signaling stronger memory demand.
- That pricing pickup broadens the AI/memory cycle beyond hyperscalers to memory and storage suppliers.