Morgan Stanley downgrades Intel as part of shift from value to growth for semiconductor stocks

Published Thu, Mar 3 20227:03 AM ESTUpdated Thu, Mar 3 202211:54 AM EST

Signage at the entrance of the Intel headquarters in Santa Clara, California, Oct. 19, 2021.

David Paul Morris | Bloomberg | Getty Images

Morgan Stanley on Thursday downgraded Intel as the bank's equity analysts move away from value names and toward higher-growth stocks in the semiconductor space.

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