INTEL CORP : Bernstein sticks Neutral -April 03, 2024 at 06:51 am EDT
In a research note published by Stacy Rasgon, Bernstein gives a Neutral rating to the stock. The target price is unchanged at USD 42.
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In a research note published by Stacy Rasgon, Bernstein gives a Neutral rating to the stock. The target price is unchanged at USD 42.
Intel shares fell 5% before the bell on Wednesday, as ballooning losses at its contract chip-making business signaled the company could take years to catch up with the profitability of Taiwan...
The trade war between the U.S. and China continued ever since Trump was the U.S. President. When the U.S. stepped up tensions by restricting semiconductor exports to the country, China responded. It will ban the use of Intel (INTC) and AMD (AMD) processors ...
In his latest research note, analyst Stacy Rasgon confirms his recommendation. The broker Bernstein is keeping its Neutral rating. The target price is unchanged and still at USD 42.
China has introduced guidelines to phase out chips made by Intel and Advanced Micro Devices in favor of domestic options. After the ban was announced shares in chip companies fell.