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Intel (NASDAQ:INTC) Slips amid New Wrinkle in Chip Speeds
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Intel (NASDAQ:INTC) Slips amid New Wrinkle in Chip Speeds

Story Highlights

Intel’s new line of chips faces a potential clock speed issue.

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Chip maker Intel (NASDAQ:INTC) has made shocking new advances lately, and that’s putting it in a much better position to fight back against the growing number of competitors it faces. But the latest reports prove to be something of a double-edged sword, and Intel lost ground modestly on the news.

So, here’s the new story about Intel’s new chips, the Arrow Lake lineup. The good news is that the line—particularly the gaming PC chips line—is poised to have a higher base clock speed than the earlier models like the Meteor Lake and the 14th-gen lineup. A higher base clock speed means that the processor can do more without being pushed unduly hard and increasing its chance of failure.

However, there’s a problem with this; while the Arrow Lake’s base clock is higher, its boost clock—its maximum speed under full load—will be lower than its predecessors, and that might make for a tougher sale going forward.

Is Intel a Buy, Sell, or Hold?

Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on three Buys, 26 Holds, and three Sells assigned in the past three months, as indicated by the graphic below. After a 6.63% loss in its share price over the past year, the average INTC price target of $38.02 per share implies 23.44% upside potential.

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