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Chipmaker Intel's shares could be worth $40 if its chip manufacturing business is valued in comparison to global peers, believes investment bank UBS. Intel's shares have gained 4% in premarket trading after Japanese investment conglomerate Softbank announced a $2 billion investment in the firm yesterday by purchasing the firm's common stock. Intel has been at the center of considerable attention in the technology industry as it battles to turn around its business after new CEO Lip-Bu Tan took over the helm earlier this year.
Intel's 'Smart Capital' Could Be A Financial Blunder Pulling Down Share Price To $20, Suggests Investment Bank Report
Intel's