Deutsche Bank has resumed coverage of Intel Corp (NASDAQ:INTC, ETR:INL) with a "Hold" rating and a $23 price target on Tuesday, citing confidence in new CEO Lip-Bu Tan's leadership but warning that the company faces a prolonged and difficult turnaround. Analysts said the chipmaker's path to re-accelerated growth under Tan will require “patience,” as execution challenges and ongoing macroeconomi...
OSLO, Norway--(BUSINESS WIRE)-- #AIPC--Elliptic Labs and Intel have a long-term partnership to bring smarter, more intuitive AI features to Intel's next-gen laptops.
Intel faces ongoing growth headwinds in client and AI data center markets, losing share to AMD and Nvidia despite new design efforts. Intel's data center market share by revenue has declined from 61% in 2021 to 11% in 2024. Recapture share may not be feasible. New CEO Lip-Bu Tan is streamlining operations, cutting costs, and refocusing on core businesses like client and data center chip design.
Intel Corp (NASDAQ:INTC, ETR:INL) is considering selling its networking and edge businesses, previously grouped under its NEX division, as part of a strategic refocus under new CEO Lip-Bu Tan, according to a Reuters report. Per the report, which cited people with knowledge of the proposed sale, Intel has begun preliminary discussions with potential buyers and interviewed investment bankers to a...
Artificial intelligence (AI) stocks have soared over the past two years, gaining in the double and even triple digits. Names like chip designer Nvidia and software player Palantir Technologies led the movement as they reported soaring demand for their offerings, and this equaled top earnings and stock price performance.
Intel (INTC -0.40%) was once a reliable blue chip stalwart for long-term investors. As the world's largest manufacturer of x86 CPUs for PCs and servers, it generated stable growth, consistently bought back its own shares, and paid a dependable dividend.
Intel's turnaround is gaining momentum under new leadership, focusing on aggressive cost-cutting, restructuring, and divestitures to streamline operations and boost profitability. Foundry growth and operating expense reduction are key catalysts for profit growth, with the U.S. chip manufacturing shift providing long-term opportunities despite current losses. Intel's cost-cutting measures, inclu...
The three major microchip stocks in this analysis are all quiet in premarket trading on Tuesday, as the market continues to see a lot of questions out there about growth. That being said, all three are likely to find buyers.
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