Intel Corporation (NASDAQ:INTC) is one of the best stocks on the rise to invest in.
Intel Corporation (NASDAQ:INTC) received a rating update from HSBC on July 2
The firm lifted the price target on the stock to $200 from $100 and maintained a Buy rating on the shares. In another development, Reuters reported on June 16 that Intel Corporation (NASDAQ:INTC) has announced the entry of the new generation of its 18A manufacturing process into risk production, as the company sees strong demand for its central processors. It further stated that by moving 18A-P into initial production, Intel Corporation (NASDAQ:INTC) aims to demonstrate that it is following through on its manufacturing commitments, which could potentially make the technology more appealing to external customers.
Reuters added that finance chief David Zinsner said in March that the company’s CEO, Lip-Bu Tan, has started recognizing 18A as a potential offering for external clients, changing the earlier perspective that the process would generate returns only through the company’s own products. Intel Corporation (NASDAQ:INTC) is involved in the design, sale, and manufacture of computer products and technologies. It delivers data storage, computer, networking, and communications platforms.