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Intel’s new CEO hire to ‘revitalize’ manufacturing process leadership, says Roth

Roth MKM keeps a Neutral rating and $20 price target on Intel (INTC). The company’s hiring of tech industry veteran Lip-Bu Tan as new CEO will emphasize revitalizing the company’s manufacturing process leadership and can leverage strong industry ties to better position Intel for future global semiconductor opportunities, the analyst tells investors in a research note.

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