Intel Still Has Skeptics. This Analyst Report Explains Why.

Intel CEO Pat Gelsinger has bold plans to instrumentality the chipmaker to its erstwhile glory. But the institution hasn’t won implicit each of its critics connected Wall Street.

Bank of America Securities expert Vivek Arya maintained an Underperform standing with a $52 terms nonsubjective connected Intel banal (ticker: INTC) successful a enactment connected Friday. Arya sees strategical challenges up for the U.S. chipmaker. For starters, helium points to what helium sees arsenic a ample dependence connected a mature idiosyncratic machine market.

“While...