Intel "market perform"

19.09.07 - JMP Securities

NEW YORK, September 19 (newratings.com) - Analysts at JMP Securities maintain their "market perform" rating on Intel Corporation (INTC).

In a research note published yesterday, the analysts mention that with the launch of quad-core Barcelona, the company?s competitor, AMD, is likely to regain share in the high-end server and desktop markets. The analysts expect Intel to provide information on its soon-to-be-launched "Penryn" processor family and the "Nehalem" micro-architecture, which is scheduled to be launched in 2008. The company has raised its revenue guidance for F3Q07 from $9.0-$9.6 billion to $9.4-$9.8 billion due to higher-than-expected demand for microprocessors.