Intel, NVIDIA and AMD Stock
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Don't expect Intel to bail on its home-grown GPUs. The Nvidia deal is 'complementary to Intel’s roadmap,' it says.
Comet Lake-S is still going as Intel quietly launched the Core i5-110 CPU earlier this quarter, blending old and new naming conventions in an odd fashion.
Citi analyst Christopher Danely argued the Nvidia partnership is unlikely to fix Intel's core challenges. He noted that better graphics will not improve Intel's CPUs enough to outpace rivals like AMD,
Intel Corporation shares surged 23% after NVIDIA announced a $5.0 billion investment deal. Click here to read why INTC stock is a Strong Buy.
Intel says it will still be making new Arc GPUs after it announced a strategic partnership with NVIDIA for the future of its data center, consumer chips.
BofA raised its price objective on Intel (NASDAQ:INTC) to $34 from $25, citing the potential for modest product benefits from the collaboration, while reiterating a Neutral rating. The bank’s analysts suggest that Intel’s expanded commitments could end up being a relative positive for AMD in the near and medium term.
Intel Vs AMD laptop models remain a major area of discussion among users, and for finding out which type of processor is best for laptop, its essential to have a good understanding on these two processor models.
Citi downgraded Intel to sell despite its $5B Nvidia deal, citing weak foundry prospects and limited gains from the partnership.
Nvidia needs processors for GPU-accelerated server racks, and despite its best efforts to buy Arm, that fell through, dashing any hope of becoming a fully-integrated hardware company with it. Intel needs a helping hand in a few ways.