We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Intel's (INTC) New Chips to Boost Efficiency Amid Remote Work
Read MoreHide Full Article
Intel (INTC - Free Report) recently introduced 10th Gen Core vPro mobile and desktop PC processors to boost business productivity with improved connectivity and security features in the wake of work-from-home setting.
The new processors are designed with an aim to augment computing innovation with advanced remote manageability capabilities.
Systems featuring the new 10th Gen Intel Core vPro mobile and desktop processors are anticipated to be available in the upcoming months. Notable PC makers including, HP, Dell and Lenovo (LNVGY - Free Report) , have adopted the chipmaker’s10th gen vPro processors. In fact, Lenovo recently unveiled professional-level ThinkPad P-14 and P-15 laptops and desktops with the latest processors.
Growing clout of Intel’s latest processors bodes well for its topline.This, in turn,is expected to instill investor confidence in the stock in the days ahead. Notably, shares of Intel have declined 2.7% year to date, against the industry’s rise of 6.8%.
Advanced Features at a Glance
In a bid to deliver professional-level performance, Intel Xeon W-1200 processors feature up to 10 cores and 20 threads. The processors also support Intel’s Hyper-Threading, Thunderbolt 3 and Optane technologies.
Further, integrated Wi-Fi 6 (Gig+) connectivity provides the users with advanced video conferencing capabilities. Moreover, Intel’s Hardware Shield security support with advanced threat detection features aids users to safeguard critical data against cyber-attacks.
Key Takeaways
Coronavirus-induced lockdowns have triggered a work-from-home wave and led to a spike in demand for advanced high-computing performance laptops among professionals. This bodes well for the chipmaker’s latest offering.
We believe that the emergence of high-end cloud computing, thinner laptops, and demand for fast data processing favors growth prospects for the newly introduced processors.
Markedly, increasing adoption of AI techniques and ML tools and initiatives to boost workplace productivity are primarily responsible for driving high-end desktops and laptops processors.
We believe product innovation and roll out of processors utilizing latest technologies will help Intel generate incremental revenues in the quarters ahead.
Notably, per a survey by Gartner, in the wake of coronavirus crisis led recession and business impacts, 74% of polled CFOs and finance leaders, intend to shift “at least 5% of their previously on-site workforce to permanently remote positions post-COVID 19.” This is likely to create more demand for relevant office equipment and is encouraging for Intel’s new processors.
Nevertheless, stiff competition from Advanced Micro Devices (AMD - Free Report) is likely to lead to pricing pressure and limit margin expansion at least in the near term. Markedly, AMD is currently leveraging Taiwan Semiconductor Manufacturing Company’s (TSM - Free Report) 7 nanometer (nm) process technology, which is enabling it to deliver its advanced 7 nm chips faster to market.
Further, AMD aims to deliver “Zen 4” core architecture, which is “currently in design” utilizing advanced 5 nm process technology. This is a major concern for Intel, which is yet to deliver 7 nm chips.
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
Image: Bigstock
Intel's (INTC) New Chips to Boost Efficiency Amid Remote Work
Intel (INTC - Free Report) recently introduced 10th Gen Core vPro mobile and desktop PC processors to boost business productivity with improved connectivity and security features in the wake of work-from-home setting.
The new processors are designed with an aim to augment computing innovation with advanced remote manageability capabilities.
Systems featuring the new 10th Gen Intel Core vPro mobile and desktop processors are anticipated to be available in the upcoming months. Notable PC makers including, HP, Dell and Lenovo (LNVGY - Free Report) , have adopted the chipmaker’s10th gen vPro processors. In fact, Lenovo recently unveiled professional-level ThinkPad P-14 and P-15 laptops and desktops with the latest processors.
Growing clout of Intel’s latest processors bodes well for its topline.This, in turn,is expected to instill investor confidence in the stock in the days ahead. Notably, shares of Intel have declined 2.7% year to date, against the industry’s rise of 6.8%.
Advanced Features at a Glance
In a bid to deliver professional-level performance, Intel Xeon W-1200 processors feature up to 10 cores and 20 threads. The processors also support Intel’s Hyper-Threading, Thunderbolt 3 and Optane technologies.
Further, integrated Wi-Fi 6 (Gig+) connectivity provides the users with advanced video conferencing capabilities. Moreover, Intel’s Hardware Shield security support with advanced threat detection features aids users to safeguard critical data against cyber-attacks.
Key Takeaways
Coronavirus-induced lockdowns have triggered a work-from-home wave and led to a spike in demand for advanced high-computing performance laptops among professionals. This bodes well for the chipmaker’s latest offering.
We believe that the emergence of high-end cloud computing, thinner laptops, and demand for fast data processing favors growth prospects for the newly introduced processors.
Markedly, increasing adoption of AI techniques and ML tools and initiatives to boost workplace productivity are primarily responsible for driving high-end desktops and laptops processors.
We believe product innovation and roll out of processors utilizing latest technologies will help Intel generate incremental revenues in the quarters ahead.
Notably, per a survey by Gartner, in the wake of coronavirus crisis led recession and business impacts, 74% of polled CFOs and finance leaders, intend to shift “at least 5% of their previously on-site workforce to permanently remote positions post-COVID 19.” This is likely to create more demand for relevant office equipment and is encouraging for Intel’s new processors.
Nevertheless, stiff competition from Advanced Micro Devices (AMD - Free Report) is likely to lead to pricing pressure and limit margin expansion at least in the near term. Markedly, AMD is currently leveraging Taiwan Semiconductor Manufacturing Company’s (TSM - Free Report) 7 nanometer (nm) process technology, which is enabling it to deliver its advanced 7 nm chips faster to market.
Further, AMD aims to deliver “Zen 4” core architecture, which is “currently in design” utilizing advanced 5 nm process technology. This is a major concern for Intel, which is yet to deliver 7 nm chips.
Zacks Rank
Intel currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
See their latest picks free >>