Astera Labs Accelerates PCI Express 5.0 System Deployment in Collaboration with Intel and Synopsys

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Needham & Company Reiterates Hold Rating on Intel (INTC) Following 3Q Beat

October 25, 2019 7:55 AM EDT

Needham & Company analyst N. Quinn Bolton reiterated a Hold rating on Intel (NASDAQ: INTC) following the company's 3Q report. 3Q19 revenue of ~$19.2bn set a quarterly record, beating guidance by ~$1.2bn; record revenue came from DCG, NSG, IOTG and Mobileye.

INTC guided 4Q19... More