$Advanced Micro Devices (AMD.US)$$Intel (INTC.US)$$Citigroup...

Danely maintains Neutral ratings on both Intel and AMD, however, as he expects downside to consensus when PC demand reverts to the mean some time in the second half of 2022.

Intel is the world's largest chipmaker which designs and manufactures microprocessors for the global personal computer and data center markets. Intel recently invested $7 billion in a Malaysia chip plant.