Positive Commentary on Intel Amid NVIDIA Deal

about 1 month ago

SPEAKER_03

"I think Intel is a winner here, but gosh, I feel for AMD because AMD has to compete with both of these guys. I don7t know if it saves them, but it7s $5 billion and a powerful partner. There is a lot to like there."

The speakers discuss the $5 billion investment by NVIDIA in Intel as a move that could bolster Intel7s competitiveness. Although Intel may not be completely saved by the deal, the infusion of cash coupled with a strategic partnership is portrayed positively. This commentary provides investor color on Intel (ticker INTC) with a moderately bullish outlook.

Related Stocks