Intel (INTC) sells a 20% stake in IMS Nanofabrication to Bain Capital
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Intel (INTC) internal foundry model 'not a game changer' - BofA
June 21, 2023 11:24 AM EDTBofA's Vivek Arya upped the firm's price target on Intel (NASDAQ: INTC) to $32 from $28 but said in a note that the company's internal foundry model is not a game changer and maintained an Underperform rating on the stock.
Previewing INTC's June 21st... More
Intel (INTC) PT Raised to $32 at BofA Securities; Maintains an Underperform Rating
June 21, 2023 5:03 AM EDTBofA Securities analyst Vivek Arya raised the price target on Intel (NASDAQ: INTC) to $32.00 (from $28.00) while maintaining an Underperform rating.
"We preview INTCs June 21st Internal Foundry Model (IFM) webinar. We anticipate the following: 1) a formal separation of financials (P&Ls) for... More
Intel (INTC) to spend tens of billions of dollars on new plants in Europe
June 20, 2023 8:54 AM EDTIntel (NASDAQ: INTC) said it will spend more than 30 billion euros ($33 billion) to build two chip-making plants in Magdeburg, Germany.
The deal represents the single biggest foreign investment in Germany, whose government will provide subsidies worth nearly 10 billion euros.
"[The]... More
