R2 Semiconductor Announces Two Important Updates in Intel Patent Infringement Case

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CFRA Stays Sidelined on Intel (INTC) Even Though 'we like potential growth prospects'

March 20, 2024 2:17 PM EDT

CFRA analyst Angelo Zino reiterated a Hold rating and $45.00 price target on Intel (NASDAQ: INTC).
The analyst comments "

INTC has been awarded $8.5B in grants from the CHIPs Act, in line with our expectation, which will be used to help support... More