Intel CEO Gains Analysts' Approval for Chipmaking Strategy
Intel's ( NASDAQ: INTC The new CEO Lip-Bu Tan explaining his goals assisted stakeholders in grasping the company's planned direction for the upcoming years, according to analysts at Stifel. The company holds a Hold rating with a $21 price target for the American chip manufacturer's shares. Intel’s stock declined approximately. 3% on Tuesday. Experts headed by Ruben Roy indicated this regarding Tanakukan. addressed The opening keynote for Intel Vision 2025 was held earlier today, where he laid out his main focuses following two weeks back at Intel as the CEO. He gave a concise summary of his history and explained how he intends to leverage his experience to breathe new life into an engineering-focused, customer-centric culture of innovation at Intel. According to the analysts, the event successfully provided stakeholders with an overview of Intel’s planned direction over the next few years. Encouraged by their findings, the analysts now anticipat...