One top analyst sings Micron’s praises despite concerns of DRAM pricing weakness; another analyst lifts expectations on standout Intel fundamentals.
The manager of one the globe’s biggest hedge fund firms is out putting more chips behind MU- and taking them all away from INTC.
Intel Corporation (NASDAQ:INTC) today reported full-year and fourth-quarter 2017 financial results. The company also announced that its board of directors has approved an increase …
Top analyst Craig Ellis believes Intel’s 4Q17 results will beat the Street, less certain for 1Q18.
MKM’s Ruben Roy now spotlights 9% return potential for INTC shares, enticed by valuation ahead of what should be a “strong” 2018.
Though Intel must now face security issues looming over investor sentiment, one of the best performing analysts on the Street remains optimistic on the chip industry dominating the landscape.
Oppenheimer’s Rick Schafer notes that the Intel bugs could present “serious” short-term challenges, but stand to be corrected “more easily” than the rest of the chip makers hit.
Bernstein’s Stacy Rasgon and Rosenblatt’s Hans Mosesmann size up a liability that could be a nightmare for Intel; but INTC’s hardware security bug could translate as a dream for AMD’s CPU opportunity.
One of the best performing analysts on Street, Mizuho’s Vijay Rakesh pinpoints a lower tax rate and long-term cash repatriation as advantages that could bring upside to INTC come 2018.
Wells Fargo’s David Wong looks at thinning growth in the chip industry, but makes a bullish case for two of the sector’s best giants: AMD and INTC.
