Intel says margins will recover in second half of 2023, shares rise
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Intel (INTC) PT Raised to $36 at Needham & Company; 'Turning the Corner'
April 28, 2023 6:57 AM EDTNeedham & Company analyst N. Quinn Bolton raised the price target on Intel (NASDAQ: INTC) to $36.00 (from $32.00) while maintaining a Buy rating.
The analyst commented, "INTC reported 1Q23 results above expectations, while guiding revenue higher Q/Q (but NG GM lower).... More
Intel (INTC) reversed after-hours losses after saying they gained overall PC market share in Q1
April 27, 2023 5:23 PM EDT(Updated - April 27, 2023 5:23 PM EDT)
Intel (NASDAQ: INTC) reversed after-hours losses after saying they gained overall PC market share in Q1:
On the call, the CEO Patrick Gelsinger said: "We gained overall PC market share in Q1 and expect... More