Core Viewpoint - Fitch Ratings has downgraded Intel's long-term credit rating to "BBB" with a negative outlook, indicating that it is close to junk status and facing significant operational pressures due to market competition and slowing demand [2]. Group 1: Credit Rating Changes - Fitch has lowered Intel's rating from "BBB+" to "BBB," which is only two levels above junk status [2]. - Standard & Poor's had previously downgraded Intel's credit rating to "BBB" in December 2024, while Moody's downgraded it from "A1" to "Baa1" in August 2023, with a negative outlook [2]. Group 2: Market Challenges - Intel is facing increased competition from rivals such as NXP, Broadcom, and AMD, which is fragmenting its market share [2]. - The demand environment for consumer electronics and enterprise needs is growing more challenging than previously expected, further pressuring Intel's operations and profitability [2]. Group 3: Future Outlook - To regain its previous credit rating level, Intel will need stronger terminal market performance and successful new product launches within the next 12 to 24 months, along with achieving net debt reduction targets [2].
惠誉下调英特尔评级