Intel: Mixed analyst views despite strong Q2 results

1. 1Intel (INTC) beat expectations on both Q2 earnings and guidance, confirming strong demand for its data-center processors.
2. 2Bank of America maintained a Buy rating with a $160 price target, while Nidam kept a Hold and Wedbush raised its target to $98 but stayed on the sidelines.
3. 3Nidam flagged Intel's declining data-center CPU share, lack of competitiveness in AI accelerators, and valuation burden; analysts said the company's capex expansion is positive for semiconductor equipment and memory makers.

Source Barrons.com +1 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →