27.05.2020 Intel Daily Analysis

27.05.2020 Intel Daily Analysis

Intel today is trading at $62.34, it is trading higher with $0.09 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 chip maker'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 topline and this, in turn, is making investors install confidence in the stock making it to trade higher today.