19.05.2020 Intel Daily Analysis

19.05.2020 Intel Daily Analysis

Intel today is trading at $59.92, it’s trading higher with $1.64 mainly because Intel 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, have adopted the chipmaker’s 10th gen vPro processors. In fact Lenovo recently unveiled professional-level ThinkPad P-14 and P-15 laptops and desktops with the latest processors.  The growing clout of Intel’s latest processors bodes well for its top line. This, in turn, is expected to instill investor confidence in the stock in the days ahead, hence the reason why it is trading higher today.