1349 ET - Intel's rollout of its 18A chip fabrication technology and its Panther Lake processor is clearly a positive step following a number of skipped launches, according to Wedbush in a note. But analysts Matt Bryson and Antoine Legault say the timeline and trajectory for the technology to bear fruit is still unclear. "It is still very difficult (we'd argue nearly impossible) to properly understand and model the expected longer term benefit" enough to shift estimates around the company's EPS and margin trajectory, they say. The analysts back their neutral rating on the stock and $30 price target. Intel slides 17% after swinging to a 4Q loss and forecasting further losses in 1Q. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

January 23, 2026 13:49 ET (18:49 GMT)

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