INTC BofA on INTC (Buy, $160 PT): “Intel’s Q2 beat/raise earnings call reconfirms the two pillars of our Buy thesis: 1) External
INTC BofA on INTC (Buy, $160 PT): “Intel’s Q2 beat/raise earnings call reconfirms the two pillars of our Buy thesis: 1) External manufacturing (foundry) customer discussions have reached a more tangible stage, leading to capex boost (positive semicaps), and 2) INTC’s core server CPU business is strong