Intel Foundry, led by Lip-Bu Tan, reiterated a 'Buy' rating and raised its price target.
4 reports, 2 independent
Updated Jul 9
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What happened
Intel Foundry, led by Lip-Bu Tan, reiterated a 'Buy' rating and raised its price target.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.HSBC reduced its stake in Intel by 34.5% in Q1 while maintaining a bullish outlook.1 source
HSBC reiterated a 'Buy' rating and raised the price target for Intel Foundry.1 source
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The entities involved
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Intel
American multinational technology company
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Intel Foundry
semiconductor foundry owned by Intel
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HSBC
British multinational bank
Related events
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- Intel is facing challenges meeting strong demand for its CPU products.
- Lip-Bu Tan is considering a strategic shift in chip manufacturing for Intel.
- JPMorgan Chase upgraded Intel's stock rating amid discussions of Intel's turnaround bet against AMD's growth.