Posted 4/12/2024, 6:42:37 PM
Intel Faces Server Hardware Vulnerability and Stock Declines
- New report reveals an unfixable vulnerability in Intel server hardware that went undetected for 5 years
- The vulnerability impacts BMCs (tiny computers on motherboards) that help make servers more efficient
- Intel stock dropped over 4.5% on Friday amid this news and a separate report of a blow to potential revenues in China
- Nvidia suggested to those with stability issues to contact "the CPU maker" (Intel), worsening Intel's reputation
- Analysts have a Hold rating on Intel stock with a $45.05 average price target, implying 25.87% upside potential