Intel's Bold Strategy: A Bullish Outlook

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Intels new CEO, Lip-Bu Tan, has revitalized the companys AI chip race prospects with strategic investments, but shares remain down from their peak. Despite Nvidias reported departure from Intels manufacturing process, experts like Daniel Newman of the Futurum Group remain optimistic about Intels long-term potential. Newman highlights Intels role as a backup supplier and its upcoming fourteen-A process, which could drive the stock higher by 2026. However, Wall Street analysts maintain a hold rating with an average price target of around $37, where shares currently stand. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.