Intel (INTC) option IV into U.S. Department of Commerce CHIPS Act funding headlines

Go back to Intel (INTC) option IV into U.S. Department of Commerce CHIPS Act funding headlines

BofA Securities 'Incrementally positive on potential 2H recovery' for Intel (INTC)

March 21, 2024 6:17 AM EDT

BofA Securities analyst Vivek Arya reiterated a Neutral rating and $50.00 price target on Intel (NASDAQ: INTC).

The analyst comments "We hosted INTC CFO David Zinsner and IR Head John Pitzer for a well-attended investor dinner in Santa Clara on Tuesday. Management highlighted: 1) Enterprise AI... More

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