Chipmaker Intel (NASDAQ:INTC) has made shocking new progress of late, putting it in a much better position to combat the growing number of competitors it faces. But the latest reports are proving to be a double-edged sword, and Intel has lost ground slightly following this news.
So here is the new story of Intel’s new chips, the Arrow Lake range. The good news is that the lineup, especially gaming PC chips, is poised to have a higher base clock speed than previous models like the Meteor Lake and 14th generation lineup. A higher base clock speed means the processor can do more without being pushed too hard and without increasing its chances of failure.
However, this poses a problem; While the Arrow Lake’s base clock is higher, its boost clock (its maximum speed at full charge) will be lower than its predecessors, which could make it a harder sell in the future.
Is Intel a Buy, Sell or Hold?
As for Wall Street, analysts have a Hold consensus rating on INTC stock based on three Buys, 26 Holds, and three Sells assigned over the last three months, as shown in the chart below. After a 6.63% loss in its stock price over the past year, INTC’s average price target of $38.02 per share implies 23.44% upside potential.
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