Comments from Intel's (INTC) CFO relieves anxiety about second quarter revenue

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Deutsche Bank on Intel (INTC): 'strikes positive tone'

May 31, 2023 1:00 PM EDT

Deutsche Bank analyst Ross Seymore reiterated a Hold rating and $32.00 price target on Intel (NASDAQ: INTC)

The analyst comments "After multiple soft negative pre-announcements last year during similar investor conferences, we are pleased to see this mid-quarter update striking a more positive tone, signaling further evidence that INTC is turning the cyclical corner. While this is positive news, we are not... More

Intel (INTC) Shares Gain Following Comments at Conf., Shares Up 4%

May 31, 2023 10:24 AM EDT

(Updated - May 31, 2023 10:28 AM EDT)

Intel (NASDAQ: INTC) Shares Gain Following Comments at Conf., Shares Up 4%

Company's CFO David Zinsner Presenting at TD Cowen's 51st Annual Technology, Media & Telecom ConferenceSaid Make Positive Comments on Guidance, "Top Half"

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