From Yahoo Finance: 2025-05-29 15:08:00

Citi maintains Neutral rating on Intel (INTC) stock, notes Q1 microprocessor shipments down 6.1% quarter-over-quarter, above seasonality. ARM gains market share over AMD and Intel, with 13.6% unit share. AMD at 21.1%, Intel at 65.3%.

Intel considers divesting network and edge businesses, focusing on PC and data center chips. CEO Lip-Bu Tan aims to streamline company focus. Talks of potential sale of NEX group.

Citi acknowledges potential of INTC but believes other AI stocks offer higher returns with limited downside risk. Suggests exploring a promising AI stock with 100x upside potential.

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Read more at Yahoo Finance: Citi Maintains Neutral on Intel Corporation (NASDAQ:INTC) as ARM Gains Market Share in Q1 Microprocessor Shipments