Intel is set to report results for the second quarter of fiscal 2026 after the U.S. market closes on July 23, which falls in the early hours of July 24 in Beijing. The company had previously guided for quarterly revenue of $13.8 billion to $14.8 billion and non-GAAP earnings per share of $0.20.
Trader tracked by Hyperinsight rebuilt an INTC long before the report
According to Hyperinsight, the trader known as the “U.S. stock trading king,” using address 0xcf6, reopened a long position in Intel on the evening of July 17 Beijing time. Over about 30 minutes, the trader accumulated 25,000 contracts in batches and is now holding the position with 10x leverage. The average entry price was $94.57.
At the time of publication, INTC had risen 5.95% on the day to $100.96. Based on that price, the position was worth about $2.524 million, showing an unrealized gain of about $159,700. Hyperinsight put the return at 67.56%, with a liquidation price of $89.69.
Previous Intel trade had already locked in about $920,300 in profit
BlockBeats said that during an earlier market downturn, the trader had shifted a large part of the position exposure to Micron Technology (MU). On the evening of July 8, the same account closed its previous INTC long of 23,000 contracts at an average price of $105.31, realizing a profit of about $920,300.
After re-entering nine days later, the current Intel position is 2,000 contracts larger than the previous one.
MU remains the largest holding, with smaller longs in SNDK and SKHX
Beyond Intel, the trader is still holding a long position in MU valued at about $3.3782 million. The average entry price on that trade was $505.30, and the unrealized profit stood at about $1.4833 million.
The account also opened smaller long positions in two memory-related names:
- Sandisk (SNDK): long 250 contracts, valued at about $367,500, with an average entry of $1,438.72 and an unrealized gain of about $7,821.
- SK Hynix (SKHX): long 240 contracts, valued at about $300,600, with an average entry of $1,412.39 and an unrealized loss of about $38,400.
BlockBeats also referenced an earlier post saying the trader started with principal of 30,000 and repeatedly entered before positive catalysts. The post added that HyperInsight Bot is now live and can be added as an administrator in Telegram groups, with message permissions enabled, to sync on-chain information automatically.