Citi analysts are confident that Intel’s actions win greater medium -term stability.
Intel Corporation He captured the attention of investors this week after a rebound of 7% in the price of their shares, promoted by the positive reaction to the restructuring plan that the company recently presented. In this context, Citi reiterated his recommendation to “keep” holdingsalthough with a prudent vision about its profitability perspectives.
Why Citi trust Intel
On September 4, the Citi analyst, Christopher Danely, He reaffirmed his position with respect to Intel and set an objective price of US $ 24, well below the current market levels. According to the specialist, the company’s growth potential remains supported by two key factors: the fulfillment of the deadlines in the development of new technologies and strategic associations, particularly with the US government.
Danely stressed that The collaboration with Washington will act as a “silent partner”without interfering with corporate decisions, but offering financial and strategic support at a critical moment for the semiconductor industry. This support is perceived as a stable pillar for the future, in the midst of fierce competition and a career for leadership in advanced chips.
CEO Intel
Gentileness: Financial Times
In the Technological Front, the Progress in the process node 18A and in the next generation of Panther Lake processors reinforce confidence in Intel’s innovative capacity. However, CITI warns that the company’s profitability is still maintained below the sector average, which justifies maintaining a cautious vision compared to other market players.
A defensive bet
At the moment, Intel operates through multiple segmentsamong them Client Computing Group, Data Center and AI, Network and Edge, Mobileye, Accelerated Computing Systems and Graphics and Intel Foundry Services, which allows it to diversify income and sustain its relevance in different areas of the technological ecosystem.
Although CITI recognizes Intel’s potential as a medium -term investment, he also points out that other artificial intelligence firms offer greater bullish potential with less riskwhich makes it clear that, for the bank, Intel is a defensive bet more than an immediate growth engine.
Source: Ambito
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