Intel data center and AI webinar had ‘no big surprises,’ says Morgan Stanley

Morgan Stanley analyst Joseph Moore says Intel event highlighting its data center and AI product family and roadmap included "no big surprises." The company tightened the schedule for Sierra Forest, similar to comments made at the firm’s conference, and highlighted what it sees as "significant opportunities in AI," particularly for its Habana products, according to the firm, which keeps an Equal Weight rating and $28 price target on Intel shares.