
Intel Q3 Preview: Nvidia, US Government Stakes Don't Change Narrative – 'Do Not Believe Valuation Is Justified'

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Intel Corporation is set to report its Q3 financial results, with analysts expecting revenue of $13.14 billion, down from $13.28 billion a year ago. Despite recent market share losses and a downgrade from Bank of America, some analysts believe Intel's results may exceed expectations due to improved industry conditions. However, concerns about the company's valuation persist, with Wedbush maintaining a Neutral rating and Bank of America downgrading to Underperform. Key items to watch include product announcements and the impact of recent investments from NVIDIA and the U.S. government.
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