Intel tumbles as chipmaker falls further behind in AI race

Go back to Intel tumbles as chipmaker falls further behind in AI race

Intel (INTC) stock turnaround 'may be over' says Needham, cuts rating

January 26, 2024 8:24 AM EST

Needham & Company analysts downgraded Intel Corporation (NASDAQ: INTC) shares to Hold from Buy, citing several concerns impacting the company's performance.

Yesterdays unexpected EPS reset and headwinds in gross margin contribute to a less compelling 12-month risk-reward scenario, according to analyst Quinn Bolton.

The data center and AI group business faces... More

Intel (INTC) PT Lowered to $45 at CFRA

January 26, 2024 8:08 AM EST

CFRA analyst Angelo Zino lowered the price target on Intel (NASDAQ: INTC) to $45.00 (from $50.00) while maintaining a Hold rating.

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