After a near 40% drop, JPMorgan upgrades Intel (INTC.US) to "Neutral": AI computing demand becomes the key to a turnaround.

Zhitong Finance APP has learned that JPMorgan upgraded Intel (INTC.US) from "Underweight" to "Neutral," citing improved execution after CEO Lip-Bu Tan took office and growth in demand for AI computing that is expected to support earnings growth.