Intel (INTC) PT Raised to $23 at Mizuho
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Active options: INTC AMZN MSTR COIN BAC UNH MSFT CIFR GOOGL QBTS MU
July 2, 2025 10:14 AM EDTActive options: INTC AMZN MSTR COIN BAC UNH MSFT CIFR GOOGL QBTS MU
... MoreExclusive-Intel's new CEO explores big shift in chip manufacturing business
July 1, 2025 9:29 PM EDTBy Max A. Cherney, Jeffrey Dastin and Stephen Nellis
SAN FRANCISCO (Reuters) -Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive shift from his predecessor's plans.
The new strategy for Intel's foundry business would mean offering outside customers a newer generation of technology, the people said. That next-generation chipmaking process, analysts believe, will be more competitive against Taiwan Semiconductor Manufacturing Co in trying to land major customers such as Apple or Nvidia.
Shares of... More
Intel's New Ceo Explores Big Shift In Chip Manufacturing Business - Reuters
July 1, 2025 9:26 PM EDTIntel's New Ceo Explores Big Shift In Chip Manufacturing Business - Reuters
... MoreASML target cut at BofA on Foundry/Logic risks
July 1, 2025 10:39 AM EDTInvesting.com --Â Bank of America lowered its price target for ASML (AS: ASML) to 759 from 795 in a note to clients on Tuesday, citing multiple risks to Foundry and Logic demand, particularly in 2026.Â
The firm maintained its Buy rating on the stock, arguing that the valuation remains attractive at 19.6 times estimated 2026 EV/EBITDA, below its 10-year median of... More
