The impact of Intel's chip shortages could 'magnify,' RBC says (INTC)

Reuters/Sergio Perez Intel earnings will be impacted in the coming quarters due to chip shortage, says RBC Capital Markets. RBC lowered its target price to $55 from $57. Watch Intel trade in real time here. Intel's earnings will be impacted in the coming quarters as the long-time chip-industry leader faces a processor shortage, according toRBC Capital Markets. The firm lowered its target price to $55 from $57 andmaintained its "sector perform" rating— predicting the shortage will impactfourth-...