Citi Keeps A Sell Rating On Intel Corporation (INTC)

Intel Corporation (NASDAQ:INTC) is among the 13 Best Nanotechnology Stocks to Buy Now.

According to The Fly, Citi released a research report on December 5 in which analyst Christopher Danely reaffirmed his $29 price target and a Sell rating on Intel Corporation (NASDAQ:INTC).

Heading on to more developments, according to CNBC, Intel Corporation (NASDAQ:INTC)’s stock dropped on December 1, 2025, reversing a 10% increase from the previous day when analyst Ming-Chi Kuo of TF International Securities stated the company may provide Apple with its lowest-end M processor as early as the second or third quarter of 2027. According to Kuo, industry polls show that once Intel Corporation (NASDAQ:INTC) delivers its process design kit in early 2026, it will be more visible as an advanced-node supplier. Requests for response from CNBC were not answered by either Apple or Intel Corporation (NASDAQ:INTC).

Earlier in the week, Intel Corporation (NASDAQ:INTC) released another strategic update, which came after that development. According to Reuters, the business declared on December 3 that it would keep its networking and communications unit (NEX) following an assessment of its strategic options. Intel Corporation (NASDAQ:INTC) had previously considered divestitures to improve its financial sheet, particularly after receiving significant investments earlier this year, including $8.9 billion from the US government, $2 billion from SoftBank, and $5 billion from Nvidia. According to CFO Dave Zinsner of Intel Corporation (NASDAQ:INTC), the decision was driven by the firm’s “considerably improved” financial standing.

The company also stated that retaining NEX in-house will allow for better integration across silicon, software, and systems, hence improving Intel Corporation (NASDAQ:INTC)’s offerings in AI, data center, and edge markets. This comes after it was previously reported by Reuters that CEO Lip-Bu Tan had thought about divesting non-core businesses like NEX.

Leading digital chip manufacturer Intel Corporation (NASDAQ:INTC) focuses on designing and producing microprocessors for the global markets for data centers and personal computers.

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