Intel Stock Forecast: Intel Has A Loyal Customer In Apple
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Intel Has A Loyal Customer In Apple
Summary:
- The top PC and server hardware vendors have announced their support of AMD’s Ryzen and EPYC processors.
- AMD has an exclusive supply deal on discrete GPUs for Mac and MacBooks. Apple has so far stayed quiet about Ryzen, Threadripper, and EPYC.
- Intel obviously has a very loyal processor customer in Apple. Ryzen may find some support among Windows/Linux computer builders but the Mac remains Intel Inside forever.
- Apple is the world’s no.4 PC vendor. The long-term prosperity of Intel on desktop processors is safe as long as Apple keeps ignoring AMD’s new Ryzen processors.
- I rate INTC as a buy. I Know First still has positive near and long-term algorithmic forecasts for INTC.