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Stock impact report

Intel, GlobalFoundries get rating cuts, while Applied Materials and Camtek see upgrades at BofA [Seeking Alpha]

Camtek Ltd. - Ordinary Shares (CAMT) 
Last camtek ltd. - ordinary shares earnings: 2/20 06:45 am Check Earnings Report
US:NASDAQ Investor Relations: camtek.com/investors/overview
Company Research Source: Seeking Alpha
Intel ( NASDAQ: INTC BofA downgraded Intel's rating to Underperform from Neutral while maintaining its price target at $34. The analysts said the recent $80B Quick Insights BofA cites Intel's challenged competitive outlook, lack of AI portfolio, uncompetitive server CPUs, and less flexibility in divesting loss-making manufacturing as reasons for the downgrade, despite recent market cap increases. BofA upgraded Applied Materials due to anticipated strong growth in wafer fab equipment driven by robust DRAM investments and an attractive valuation gap, and they upgraded Camtek based on rising demand for high bandwidth memory inspection that may boost sales growth. BofA downgraded Texas Instruments due to tariff-related industrial demand risks and limited exposure to the AI capex cycle, and downgraded GlobalFoundries due to macroeconomic headwinds and lack of near-term earnings catalysts or gross margin improvement. Recommended For You More Trending News Show less Read more
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