Page 58 - Intel Foundry Services News Today

Intel (NASDAQ:INTC – Get Free Report) had its price objective lifted by research analysts at Benchmark from $52.00 to $62.00 in a research note issued to investors on Friday, Briefing.com reports. The firm currently has a “buy” rating on the chip maker’s stock. Benchmark’s target price would indicate a potential upside of 40.91% from the […]

Intel and UMC are to collaborate on the development of a 12nm FinFet process for comms and networking chips  to be installed in three of Intel’s Arizona

Intel and United Microelectronics Corporation (UMC) will collaborate on a 12-nanometer process to be manufactured at Intel fabs in Arizona from 2027.

Intel (NASDAQ:INTC – Get Free Report) updated its first quarter 2024 earnings guidance on Friday. The company provided earnings per share guidance of 0.130-0.130 for the period, compared to the consensus earnings per share estimate of 0.330. The company issued revenue guidance of $12.2 billion-$13.2 billion, compared to the consensus revenue estimate of $14.2 billion. […]

Intels fourth quarter results demonstrate growth, but the companys 2023 revenue are down.

Intel (NASDAQ:INTC – Get Free Report) had its price target lowered by stock analysts at Truist Financial from $47.00 to $45.00 in a research note issued on Friday, Briefing.com reports. The firm presently has a “hold” rating on the chip maker’s stock. Truist Financial’s target price would indicate a potential upside of 2.27% from the […]

Bringing Taiwan to the World and the World to Taiwan

Intel (NASDAQ:INTC – Get Free Report) had its target price decreased by investment analysts at Mizuho from $58.00 to $55.00 in a research note issued on Friday, Briefing.com reports. The firm currently has a “buy” rating on the chip maker’s stock. Mizuho’s target price would indicate a potential upside of 25.00% from the company’s current […]

Intel (NASDAQ:INTC – Get Free Report) had its price objective reduced by equities research analysts at Wells Fargo & Company from $52.00 to $48.00 in a research report issued on Friday, Benzinga reports. The firm presently has an “equal weight” rating on the chip maker’s stock. Wells Fargo & Company‘s target price would suggest a […]

Intel (NASDAQ:INTC – Get Free Report) had its price target reduced by equities researchers at Wedbush from $45.00 to $40.00 in a research note issued to investors on Friday, MarketBeat Ratings reports. The firm currently has a “neutral” rating on the chip maker’s stock. Wedbush’s target price would suggest a potential downside of 9.09% from […]