Analyst on Intel (INTC): $5 Billion Nvidia Investment ‘No Big Deal’
We recently published 10 AI Analyst Calls You Should Pay Attention To. INTC is one of the stocks analysts were recently talking about. Christopher Danely, Citi semiconductor analyst, explained in a recent program on CNBC why he downgraded Intel to sell. The analyst said Nvidia’s $5 billion investment in Intel Corp (NASDAQ:INTC) is “no big deal” and is not enough to “move the needle” for the stock. Here is how the analyst explained his reason: “Obviously, there’s a lot of political pressure going on wi ...