I think Intel will close before $30. It will take a few quarters for the co-development to produce good integrated products that can compete with AMD. This news does not change the product roadmap for most semiconductor companies. Share price will drop back after analyst rationalize and assess the actual impact.
# Intel Beats Sales! Above $40, Smooth Sailing Ahead?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet