Intel Corp (NASDAQ:INTC) shares climbed in early trading on Tuesday, after the company reported a multi-billion-dollar deal with Amazon.com Inc's (NASDAQ:AMZN) cloud unit and received a U.S. semiconductor grant.
Here are some key analyst takeaways.
BofA Securities On Intel
Analyst Vivek Arya reiterated an Underperform rating and price target of $21.
Intel announced a collaboration with Amazon Web Services (AWS) on a custom AI fabric chip and custom Xeon server CPU chip, as well as a funding of $3 billion for government chips, Arya said in a note.
"AWS win sounds impressive but INTC has already been supplying AWS with CPU for a long time so customization isn't exactly something new, while the AI fabric (networking) win on 18A will probably matter only from CY26," said Arya.
While the company competes against tough Ethernet switch incumbency from companies like Broadcom Inc (NASDAQ:AVGO), the analyst wrote. Intel's future as "a leading-edge manufacturing entity" depends on its ability to execute on the next-gen 18A manufacturing node," he added.
Check out other analyst stock ratings.
Northland Capital Markets On Intel
Analyst Gus Richard maintained an Outperform rating and price target of $42.
Intel struck a deal worth $3.5 billion to make chips for the US military, of which it was awarded up to $3 billion for Secure Enclave, Richard said. Intel is the only alternative to Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) that the U.S. military has for advanced logic chips, as the Department of Defense requires the chips to be manufactured on US soil, he added.
"AWS and Intel announced a co-investment in custom chip designs under a multi-year, multi-billion-dollar framework covering products and wafers from Intel," the analyst wrote. The U.S. government could continue providing more funding to the company, he further stated.
KeyBanc Capital Markets On Intel
Analyst John Vinh reaffirmed a Sector Weight rating on the stock.
Apart from the government funding and AWS deal, Intel announced several updates on its $10 billion cost savings plan, Vinh said. The updates indicated the company will be "more than halfway through the 15K employee RIF target by year-end and will reduce/exit two-thirds of its real estate globally by year-end," he added.
"We're very encouraged by these announcements and credit INTC management for being proactive regarding the initiatives that it controls, which is namely cost," the analyst wrote. Intel said it intends to make IFS an independent subsidiary, which is a good decision, he further stated.
INTC Price Action: Shares of Intel had risen by 6.12% to $22.19 at the time of publication on Tuesday.
Read More:
• Intel's Slow-Burn Strategy: Foundry Revenues 'Not Till 2027,' Analyst Predicts Spin-Off Ahead
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英特爾公司(納斯達克股票代碼:INTC)股價在週二早盤交易中攀升,此前該公司報告與亞馬遜公司(納斯達克股票代碼:AMZN)的雲部門達成了數十億美元的交易,並獲得了美國的半導體資助。
以下是一些重要的分析師要點。
英特爾上的美銀證券
分析師維維克·艾莉亞重申了表現不佳的評級和21美元的目標股價。
艾莉亞在一份報告中說,英特爾宣佈與亞馬遜網絡服務(AWS)合作開發定製的人工智能架構芯片和定製的至強服務器CPU芯片,併爲政府芯片提供30億美元的資金。
艾莉亞說:「AWS的勝利聽起來令人印象深刻,但INTC已經爲AWS提供CPU已有很長時間了,因此定製並不是什麼新鮮事物,而18A上的人工智能架構(網絡)勝利可能只有在26財年才有意義。」
該分析師寫道,儘管該公司正在與博通公司(納斯達克股票代碼:AVGO)等公司的艱難以太網交換機競爭對手。他補充說,英特爾作爲 「領先的製造實體」 的未來取決於其在下一代18A製造節點上執行的能力。
查看其他分析師股票評級。
英特爾上的北國資本市場
分析師古斯·理查德維持跑贏大盤的評級和42美元的目標股價。
理查德說,英特爾達成了一項價值35億美元的協議,爲美國軍方生產芯片,其中向Secure Enclave提供了高達30億美元的撥款。英特爾是台積電(紐約證券交易所代碼:TSM)的唯一替代品他補充說,美國軍方擁有先進的邏輯芯片,因爲國防部要求這些芯片在美國境內製造。
這位分析師寫道:「AWS和英特爾宣佈在爲期多年、數十億美元的框架下共同投資定製芯片設計,涵蓋英特爾的產品和晶圓。」他進一步表示,美國政府可能會繼續向該公司提供更多資金。
英特爾上的 KeyBanc 資本市場
分析師約翰·榮重申了對該股的行業權重評級。
榮說,除了政府資助和AWS協議外,英特爾還宣佈了其100億美元成本節省計劃的幾項更新。他補充說,最新消息表明,該公司 「到年底將完成1.5萬名員工退休收入基金的目標的一半以上,並將到年底在全球減少/退出三分之二的房地產」。
該分析師寫道:「這些公告使我們深受鼓舞,並感謝INTC管理層積極主動地採取了其控制的舉措,即成本。」他進一步表示,英特爾表示打算將IFS設爲獨立子公司,這是一個不錯的決定。
INTC價格走勢:週二發佈時,英特爾股價上漲6.12%,至22.19美元。
閱讀更多:
• 英特爾的慢消戰略:分析師預測未來將出現分拆收入 「要到2027年」
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