Intel Stock Forecast (NASDAQ: INTC): Intel’s Latest Mobile Processors Should Mitigate Threat From AMD
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.
Summary:
- Intel has unveiled its connectivity-focused 8th-generation processors for laptop and 2-in-1 notebook/tablet products. They should help address the rising threat from AMD.
- More laptops/tablets/2-in-1s are shipped out annually. Intel therefore has compelling reasons to keep competitive against AMD’s Ryzen Pro mobile processors.
- Intel’s Whiskey Lake-U and Amber Lake can offer up to 16 hours battery life. They come with integrated gigabit Wi-Fi or LTE connectivity, and Thunderbolt 3 and Optane memory support.
- An LTE-enabled 5W dual-core Amber Lake-Y should be perfect for Microsoft’s dying Cellular PC campaign. It certainly can compete against Qualcomm’s Snapdragon 850.
- I Know First has slight negative near-term forecasts for INTC. I still believe this stock is a good buy for long-term investors who value solid fundamentals/moat of Intel.