3 Things Intel Needs to Deliver With Its Ice Lake Desktop Processor Family
Microprocessor giant Intel (NASDAQ: INTC) recently reported its financial results for the second quarter of the year. The company's business performed well, helped along by better-than-expected results in its personal computer processor business.
Intel's personal computer processor business sells chips for both desktop computers as well as notebook computers. It was sales into the latter that helped boost Intel's overall personal computer processor business, with platform unit shipments up 14% and average selling prices up 6% year over year.
Image source: Intel.
Source: Fool.com
Intel Corp. Stock
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Currently there is a rather positive sentiment for Intel Corp. with 28 Buy predictions and 15 Sell predictions.
Based on the current price of 17.04 € the target price of 38 € shows a potential of 123.0% for Intel Corp. which would more than double the current price.
