Intel Surges 7% Before Earnings: Why Buying INTW Can Be Good

INTW Intel leveraged ETF is designed to deliver twice the daily percentage move of Intel stock. Intel is due to report second quarter 2026 results on 23 July after the market close. 

In the sessions leading into the release the stock and related products have shown elevated volatility. 

This analysis reviews the structure of INTW, the earnings backdrop and the available routes to trade the exposure, including INTWUSDT perpetual futures on Bitrue.

Key Takeaways

• INTW is the GraniteShares 2x Long INTC Daily ETF that seeks 200% of the daily performance of Intel stock.
• Intel reports Q2 2026 earnings on 23 July 2026 after the close.
• Bitrue lists INTWUSDT perpetual futures for leveraged trading of the same underlying exposure.

What is the INTW ETF?

INTW is an exchange traded fund from GraniteShares. Its objective is to produce twice the daily percentage change of Intel Corporation common stock before fees and expenses. 

The fund uses swaps, options and direct holdings to target the 2x daily result. The net expense ratio is 1.50%.

Leverage is reset at the end of each trading day. Returns over periods longer than one day can therefore diverge from a simple doubling of Intel’s cumulative move. 

Volatility decay tends to erode value during sideways or oscillating markets. The product is built for short term tactical positions rather than multi week or multi month holding.

Intel has remained a high beta semiconductor name through 2026. Progress on the 18A process node and any commentary on AI data centre demand form the central fundamental themes heading into the earnings print. INTW amplifies the daily price reaction to those themes.

Read also: 5 Tokenized Stocks Traders Are Watching in July 2026

Intel Earnings Timing and Market Context

Intel will release second quarter 2026 financial results on Thursday 23 July after the market close, followed by a conference call. Focus areas are expected to include second half guidance, 18A yield commentary and visibility on AI related server demand. 

The broader semiconductor group has reacted sharply to both positive and negative updates on capital spending and competitive share in recent months.

Image Source: Yahoo Finance

In the days immediately before the report, Intel shares and leveraged products linked to them have moved on positioning flows. 

As INTW targets twice the daily change, any single day advance or decline in Intel is magnified. Traders using the ETF are taking a concentrated, short horizon view on the direction of the stock around the catalyst. 

The same leverage that can generate large percentage gains on an up day produces equally large percentage losses on a down day.

Precise multi day or multi week price targets for a daily leveraged product carry low reliability. Path dependency and the daily reset make intermediate forecasts uncertain. The practical analysis centres on risk reward and position sizing rather than fixed price objectives.

Read also: How Tokenized Stocks Work as Collateral for Leverage

How to Trade INTW Futures on Bitrue

Bitrue lists the INTW/USDT perpetual futures pair. The contract settles in USDT and provides continuous access to leveraged exposure linked to Intel.

1. Register or log in to a Bitrue account and complete verification if required.
2. Deposit USDT and transfer the balance to the Futures wallet.
3. Locate the INTWUSDT pair on the Futures platform.
4. Choose leverage, order type and size, then open the long or short position.
5. Monitor the trade and close it with a market or limit order when the thesis is complete.

Funding rates and available liquidity should be reviewed before placing size. The futures add an extra layer of leverage on top of the already leveraged ETF structure, so risk controls are essential. 

Bitrue also supports 24 hour trading of selected tokenised US stocks with 0% fees on eligible TradFi products for those seeking additional equity linked exposure.

Conclusion

INTW delivers 2x daily leveraged exposure to Intel stock through the GraniteShares ETF. With Intel scheduled to report on 23 July, the product allows short term traders to express a directional view with amplified daily sensitivity. 

The leverage works in both directions and the daily reset introduces volatility decay over longer periods. Bitrue’s INTWUSDT perpetual futures offer an alternative continuous trading route to the same underlying theme. 

All leveraged instruments require careful position sizing and risk management. Check the latest Intel guidance, order book conditions and personal limits before entering any trade.

FAQ

What is INTW?

INTW is the GraniteShares 2x Long INTC Daily ETF that seeks 200% of the daily performance of Intel stock.

When does Intel report its next earnings?

Intel is scheduled to report second quarter 2026 results on 23 July 2026 after the market close.

Why do longer term returns on INTW differ from twice Intel’s move?

Daily leverage reset and volatility decay cause multi day results to diverge from a simple 2x multiple of the stock’s cumulative performance.

Can INTW be traded on Bitrue?

Yes. Bitrue lists INTWUSDT perpetual futures for continuous leveraged trading.

Is INTW suitable for long term investment?

No. It is structured for short term tactical use. Longer term exposure to Intel is generally better obtained through the unleveraged stock.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.