{"id":147434,"date":"2025-09-19T13:25:07","date_gmt":"2025-09-19T13:25:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/147434\/"},"modified":"2025-09-19T13:25:07","modified_gmt":"2025-09-19T13:25:07","slug":"dow-sp-500-nasdaq-futures-tick-up-as-trump-and-xi-hold-call-on-trade","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/147434\/","title":{"rendered":"Dow, S&P 500, Nasdaq futures tick up as Trump and Xi hold call on trade"},"content":{"rendered":"\n

Citi (C<\/a>) analyst Chris Danely downgraded Intel (INTC<\/a>) shares to Sell from Hold Friday following a rally<\/a> in the stock Thursday on news of a partnership with Nvidia (NVDA<\/a>). Danley believes the partnership isn’t as helpful to Intel as it seems.<\/p>\n

In addition to Nvidia taking a $5 billion stake in Intel, the deal involves Nvidia using Intel’s CPUs \u2014 central processing units, or traditional computer chips that are the “brain” of a computer \u2014 in its AI server systems. Intel would use Nvidia’s AI tech in its CPUs for personal computers.<\/p>\n

But Danely said his team of analysts “doubt this makes Intel CPUs more competitive” in the personal computer space.<\/p>\n

This, he explained, is because integrating another company\u2019s graphics \u2014 in this case, Nvidia’s GPU “chiplets” \u2014 wouldn\u2019t make a CPU more competitive because that chip itself is the main performance driver for a personal computer.<\/p>\n

He added that, when it comes to Intel’s deal to supply CPUs for Nvidia’s AI server systems for data centers, he sees the company’s market opportunity being “small,” at roughly $1 billion to $2 billion.<\/p>\n

Meanwhile, Nvidia CEO Jensen Huang told journalists at a press conference Thursday that he sees that very same market opportunity being $30 billion.<\/p>\n

Danely also said, “We downgrade Intel from Neutral to Sell given our belief the stock is pricing in success in its leading-edge foundry business, which we believe has minimal chance to succeed.”<\/p>\n

Intel and Nvidia’s partnership critically failed to mention the former’s contract manufacturing<\/a> (foundry) business, which has been driving losses at the company as it conducts mass layoffs and pauses factory plans.<\/p>\n

Intel shares fell fractionally in premarket trading Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"Citi (C) analyst Chris Danely downgraded Intel (INTC) shares to Sell from Hold Friday following a rally in…\n","protected":false},"author":2,"featured_media":147435,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,67905,617,10907,56,54,55,33831],"class_list":["post-147434","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-record-highs","tag-tiktok","tag-trump","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-us-stock-futures"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/147434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=147434"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/147434\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/147435"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=147434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=147434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=147434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}