BNP Paribas has lowered its price target for Intel Corporation from $20 to $18. Intel, a leading semiconductor manufacturer, generates the majority of its revenue (93.2%) from computing architecture products, with additional contributions from advanced driving systems and wafer manufacturing services. Geographically, sales are primarily from China (27.4%) and the United States (25.7%).
deutsche bank lowers intel price target while maintaining hold rating
Deutsche Bank has lowered its price target for Intel Corporation from $25 to $23 while maintaining a hold rating. Intel, a leading semiconductor manufacturer, generates the majority of its revenue from computing architecture products, with significant sales also coming from advanced driving systems and wafer manufacturing services. Geographically, the company's net sales are primarily distributed across the United States, China, Singapore, Taiwan, and other regions.
intel corporation maintains strong market position with diverse product offerings
Intel Corporation, the leading semiconductor manufacturer, generates the majority of its net sales from computer architecture products (93.2%), including processors, graphics cards, and connectivity products. Other revenue sources include advanced driver assistance systems (3.8%) and wafer manufacturing services (1.8%). Geographically, sales are distributed with significant contributions from China (27.4%) and the United States (25.7%).
intel corporation maintains neutral rating amid diverse semiconductor market presence
Intel Corporation, the leading semiconductor manufacturer, generates the majority of its net sales from computer architecture products (93.2%), including processors and microprocessors. Other revenue sources include advanced driver assistance systems (3.8%) and wafer manufacturing services (1.8%). Geographically, sales are primarily from China (27.4%) and the United States (25.7%).
Intel Corporation, a leading semiconductor manufacturer, generates the majority of its net sales from computer architecture products (93.2%), including processors and networking components. The company also engages in advanced driver assistance systems (3.8%) and wafer fabrication services (1.8%). Geographically, sales are distributed with significant contributions from China (27.4%) and the United States (25.7%).
former bnp paribas banker joins nomura leading southeast asia team
Germane Wee, a former leader at BNP Paribas Wealth Management, has joined Nomura as Team Head for Southeast Asia, bringing her team with her. Based in Singapore, Wee has nearly five years of experience at BNP Paribas and has held senior roles at Credit Suisse, DBS, and UOB. This move follows Nomura's recent appointment of Sudhir Nemali as COO of its international Wealth Management unit.
US adds Chinese firms to trade blacklist over Huawei chip connections
The US has added over two dozen Chinese entities, including Sophgo, to its trade blacklist for their involvement in supplying chips to Huawei, specifically a TSMC-made chip found in Huawei's AI processor. This move follows tightened restrictions on advanced computing semiconductors to prevent their use in China's military modernization. The new rules also impose stricter controls on DRAM memory, impacting companies like Changxin Memory Technologies.
US adds Chinese firms to trade blacklist over Huawei chip connections
The Biden administration has added over a dozen Chinese entities, including Sophgo, to its restricted trade list for illegally incorporating a TSMC chip into a Huawei AI processor. This move follows strengthened restrictions on advanced computing semiconductors to prevent their use in China's military applications. The new rules also impose tighter controls on DRAM memory, impacting companies like Changxin Memory Technologies.
Singapore blocks Polymarket access over unlicensed gambling regulations
Singapore has blocked access to Polymarket, a cryptocurrency-based prediction market, due to concerns over unlicensed gambling. Users attempting to access the site receive warnings about potential fines and imprisonment for engaging with unlicensed operators, as only state-owned Singapore Pools is authorized for online gambling. The Gambling Regulatory Authority has intensified enforcement, with significant penalties for unlawful gambling activities.
Filipino banks collaborate to launch PHPX stablecoin on Hedera technology
Filipino banks, including UnionBank and Rizal Commercial Banking Corporation, are set to launch the PHPX stablecoin on Hedera's Distributed Ledger Technology, aiming to enhance real-time remittances and international payments. The PHPX token, expected to go live between May and July, will facilitate multi-currency exchanges and address challenges in cross-border transactions, while adhering to regulatory standards. This initiative reflects the growing adoption of cryptocurrency in the Philippines, a major remittance recipient, with potential applications in retail and larger trade payments.
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