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Bank of America downgrades Intel, says 'biggest risk' remains unresolved

Bank of America downgrades Intel, says 'biggest risk' remains unresolved

5 years ago
Anonymous $RBasgWKaIV

https://www.cnbc.com/2018/07/27/bank-of-america-downgrades-intel-biggest-risk-remains-unresolved.html

Bank of America Merrill Lynch downgraded shares of Intel on Friday to "neutral" from "buy" after second-quarter results left what the firm's analysts call the chipmaker's "biggest risk" unresolved.

Intel's earnings revealed that its 10-nanometer chip production process would arrive in the second half of next year, meaning its next generations products would be delayed a year, arriving in by the holiday season of 2019. Intel has been facing pressure from competitors as Intel seeks to get to these products as soon as possible.

Bank of America downgrades Intel, says 'biggest risk' remains unresolved

Jul 27, 2018, 1:40pm UTC
https://www.cnbc.com/2018/07/27/bank-of-america-downgrades-intel-biggest-risk-remains-unresolved.html > Bank of America Merrill Lynch downgraded shares of Intel on Friday to "neutral" from "buy" after second-quarter results left what the firm's analysts call the chipmaker's "biggest risk" unresolved. > Intel's earnings revealed that its 10-nanometer chip production process would arrive in the second half of next year, meaning its next generations products would be delayed a year, arriving in by the holiday season of 2019. Intel has been facing pressure from competitors as Intel seeks to get to these products as soon as possible.