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Gronghui April 27th｜Bank of America Securities released a research report stating that Intel's first-quarter performance and outlook were both steady, benefiting from increased server CPU demand and improved pricing power, which is driving Agentic AI workloads. During the period, gross margin remained at the relatively low level of around 40%, and the company continued to burn cash due to ongoing capacity investments and headwinds from the still-low yield rates of its 18A process; free cash flow for the first quarter was negative $2 billion. The bank raised Intel’s earnings per share forecasts for 2026 to 2028 by 66%, 39%, and 50%, respectively, to $1.04, $1.58, and $2.25. The target price was increased from $48 to $56, but the “underperform” rating was reiterated, considering that the recovery expectations have been fully reflected and the company’s projected annual compound revenue growth rate from 2025 to 2028 is only 10% to 15%, much lower than its peers’ 30% to 40%. At the same time, the foundry business still needs time to prove itself. Within the industry, the bank prefers Nvidia, Broadcom, AMD, and Marvell Technology, which have demonstrated faster growth and execution ability.

According to ChainCatcher, multiple users on X have reported that Websea, the crypto exchange that previously invited Sola Aoi to attend the Hong Kong Web3 conference, is currently unable to process withdrawals, the C2C channel has been closed, and there are suspicions of an exit scam. Users stated that the platform initially restricted withdrawals and then directly closed the C2C channel, with the price of U in the secondary market being panic sold down to half its value. There has been no official response yet, and the situation is still developing.

LSEG data shows that money market pricing indicates the Bank of England and the European Central Bank will keep rates unchanged on Thursday but are expected to raise rates twice by the end of the year. "We are particularly skeptical about the market's expectations for the European Central Bank and the Bank of England," Nguyen said. She noted that there is considerable room for these expectations to be reassessed, so exchange rates may also experience significant fluctuations.