Latest Analyst Views on Coatue’s Favorite 33 AI Stocks

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18. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 83    

Citi recently maintained a Neutral rating on Intel Corporation (NASDAQ:INTC) stock. Intel markets key technologies for smart devices. In an investor note, Citi highlighted that Mercury Research released estimates for Q1 microprocessor shipments and market share, with Q1 MPU units down 6.1% quarter-over-quarter, above seasonality of down 9.4%. Per the Mercury estimates, ARM gained market share over both AMD and Intel. Citi said ARM gained 281 basis points quarter-over-quarter and had 13.6% in MPU unit share. AMD lost 99 basis points and had 21.1% of the overall MPU unit share, while Intel lost 182 basis points and had 65.3% share.

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