Is This Why Intel Corp.'s Chip Manufacturing Tech Is Late?
It's no secret that chip giant Intel's (NASDAQ: INTC) upcoming 10-nanometer chip manufacturing technology has seen significant delays.
The technology, which was supposed to go into mass production by the end of 2015 to support product releases in 2016, is now set to go into production later this year with shipments ramping up during the first half of 2018, according to Intel.
These delays not only held back Intel's contract chip manufacturing ambitions, but it also led to delays in Intel's products, which hurt Intel's competitiveness in the marketplace.
Source: Fool.com
Intel Corp. Stock
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Currently there is a rather positive sentiment for Intel Corp. with 24 Buy predictions and 17 Sell predictions.
Based on the current price of 18.61 € the target price of 38 € shows a potential of 104.21% for Intel Corp. which would more than double the current price.
