Intel's Competitive Landscape: Analyst Insights on AMD and Market Growth
Monday, 29 July 2024, 16:02
Intel's Q2 Growth Predictions
Rosenblatt analyst Hans Mosesmann has expressed concerns about Intel Corp's ability to remain competitive, particularly against AMD. He maintains a Sell rating on Intel stocks with a price target set at $17.
Key Insights for Q2
- Fiscal Performance: Intel is expected to deliver inline fiscal 2024 second-quarter earnings.
- Sales Growth: Projections indicate flat to slightly up sales growth.
- Market Dynamics: Trends suggest stabilizing PC dynamics influencing sales.
- Segment Recovery: Anticipated bottoming out in segments like Altera, Mobileye, and NEX.
In summary, while Intel shows potential for modest growth, its enduring challenge with AMD's competition cannot be overlooked.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.