The Zhitong Finance App learned that Intel (INTC.US) handed over a three-quarter report that exceeded expectations, but the fourth quarter guidance caused the stock price to drop sharply. On October 30, the two investment banks lowered their judgments on the chip giant on the same day: J.P. Morgan Chase remained neutral and the target price dropped from $85 to $80; Bank of America Securities directly lowered from buying to neutral, and the target price was cut from $145 to $100.

The Zhitong Finance App learned that Intel (INTC.US) handed over a three-quarter report that exceeded expectations, but the fourth quarter guidance caused the stock price to drop sharply. On October 30, the two investment banks lowered their judgments on the chip giant on the same day: J.P. Morgan Chase remained neutral and the target price dropped from $85 to $80; Bank of America Securities directly lowered from buying to neutral, and the target price was cut from $145 to $100.