Intel Innovation 2023: Accelerating the Convergence of AI and Security

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Go back to Intel Innovation 2023: Accelerating the Convergence of AI and Security

4 reasons why Bank of America believes Intel stock is poised to underperform

September 21, 2023 9:17 AM EDT

Bank of America analyst Vivek Arya reflected on Intels (NASDAQ: INTC) Innovations event. In a note sent to clients, Arya shared the following takeaways from the event:

Intel has renewed its commitment to its manufacturing roadmap, indicating its dedication to advancing semiconductor manufacturing technologies;The company provided details about its upcoming 5th-gen Xeon processor, codenamed "Emerald Rapids," set to launch on December 14th. This processor is likely to bring significant... More