Goldman Comments on Intel (INTC) / TSMC (TSM) Battle
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Go back to Goldman Comments on Intel (INTC) / TSMC (TSM) Battle
February 26, 2013 8:52 AM EST
Drexel Hamilton upgraded Intel (NASDAQ: INTC) from Sell to Hold with a price target of $22.00 (from $18.00).
For an analyst ratings summary and ratings history on Intel click here. For more ratings news on Intel click here.
Shares of Intel closed at $20.23 yesterday, with a 52 week range of $19.23-$29.27.... More
February 26, 2013 7:25 AM EST
News after the close that Altera (Nasdaq: ALTR) will become a foundry customer for Intel (Nasdaq: INTC) is an "incremental negative" for Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) (NYSE: TSM), according to RBC Capital... More
February 25, 2013 5:08 PM EST
(Updated - February 25, 2013 5:56 PM EST)
Intel (NASDAQ: INTC) announced a new customer for its fledgling foundry business that highlights the company's process technology lead. Intel and Altera Corporation (NASDAQ: ALTR) entered into an agreement for the future manufacture of Altera FPGAs on Intel's 14 nm tri-gate transistor technology.
"We look forward to collaborating with Altera on manufacturing leading-edge FPGAs, leveraging Intel's leadership in process technology," said Brian Krzanich, chief operating officer, Intel. "Next-generation products from Altera require the highest performance and most power-efficient technology... More
February 25, 2013 3:19 PM EST
Intel (NASDAQ: INTC) is getting closer to a material foundry design win, according to RBC Capital analyst Doug Freedman.
"We believe the move into a foundry relationship is a positive, highlighting Intel's process technology lead," Freedman said. "It may also go to explain the... More
