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Intel Corporation Message Board

  • ideal_invst ideal_invst Mar 19, 2013 1:15 PM Flag

    Bank of America Merrill Lynch - Price Target for Intel - $28 with some Haswell/Bay Trail details

    Meanwhile, Vivek Arya, analyst at Bank of America Merrill Lynch expect that the first quarter sales of Intel Corporation (NASDAQ:INTC) would come in a low-end of down 2% -10% guidance vs. current expectation of -6% decline due to the weakening PC demand in Asia particularly after the Chinese new year in February. The analyst expects the PC demand to decline by 15% QoQ. Arya also noted that the timing of Intel’s Haswell ramp could be a critical swing factor.

    “We expect Haswell to enable sub 10W convertible ultrabooks and tablets with 8-10 hrs battery life, in line with ARM Holdings plc (NASDAQ:ARMH) (LON:ARM), but at performance levels closer to full-featured PCs. Haswell also adds a connected stand-by power state (SOi) to the x86 ecosystem, which brings mobile features to PCs and lowers idle power by 10x and addresses Intel’s Achilles heels vs. ARM. While Intel’s Haswell pricing remains unclear, ultra thin (

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