Intel investors remained resilient despite news of abandoned features and potential vulnerabilities affecting Intel’s next generation CPUs. The Arrow Lake Processors and 800 series chipsets will no longer support DDR4 memory, only DDR5, which could impact sales in the long run. Additionally, concerns over the Indirector side-channel attack and its impact on Intel processors have surfaced, with no solutions currently available to protect against information theft.
Analysts on Wall Street have a Hold rating on INTC stock, based on three Buys, 26 Holds, and three Sells in the past three months. Despite a 6.79% decrease in share price over the past year, the average target price of $38.02 per share suggests an upside potential of 22.35%.
Overall, Intel investors are facing challenges with new developments affecting upcoming processors. The need to adapt to changing technologies and address potential vulnerabilities poses risks, but analysts are cautiously optimistic about the stock’s future performance.
Article Source
https://www.tipranks.com/news/new-round-of-processor-issues-leaves-intel-nasdaqintc-looking-good