Citi Keeps A Sell Rating On Intel Corporation (INTC)

Core Insights - Intel Corporation (NASDAQ: INTC) is currently viewed as one of the best nanotechnology stocks to invest in [1] - Analyst Christopher Danely from Citi maintains a Sell rating on Intel with a price target of $29 [2] - Intel's stock experienced a decline on December 1, 2025, reversing a previous 10% increase due to news regarding its potential supply of M processors to Apple [3] Strategic Developments - On December 3, Intel announced it would retain its networking and communications unit (NEX) after evaluating strategic options, despite earlier considerations for divestiture [4] - The decision to keep NEX is attributed to Intel's improved financial position, bolstered by significant investments totaling $15.9 billion from various sources, including the US government and major corporations [4] - Retaining NEX is expected to enhance integration across silicon, software, and systems, thereby improving Intel's offerings in AI, data centers, and edge markets [5] Market Position - Intel is a leading digital chip manufacturer focused on designing and producing microprocessors for global data center and personal computer markets [6]