“Wildcat Lake” Processors Emerge in Benchmark Testing: Intel Stock (NASDAQ:INTC) Slips

Chip stock Intel INTC +0.27% ▲ has been rolling out a flood of new processors of late, and another lineup recently appeared in some public benchmark results. The Wildcat Lake processor line, featuring the Core 3 310 and the Core 5 320 mobile processors, got the results. Thus, some believe that these processors may be hitting the market in the fairly near future. The news left investors a bit skeptical, though, as Intel shares slipped fractionally in Tuesday afternoon’s trading.

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The Wildcat Lake processors are not technically announced yet, but the chips have appeared nonetheless. We have heard mention of them in the past, as Wildcat Lake processors do show up in some Intel documents, as well as some shipping manifests. But now, with benchmark listings showing up in Geekbench and CrossMark, it may be the closest thing yet to a soft announcement.

Meanwhile, the benchmark results themselves offered some information about the processors. Both versions are six-core processors, running two performance cores and four “low-powered,” likely efficiency, cores. Clock speeds were not listed, but the Core 5 320 did have a boost clock speed of 4.6 GHz. The Core 5 320 also landed a multi-core test score of 7913, which put it on par with several competitors’ pieces.

FRED By Default

A new patch emerged connected to Intel’s Flexible Return and Event Delivery (FRED) system, as an Intel Linux kernel engineer enabled FRED service by default. This move is said to offer better overall system performance by taking the decision out of users’ hands.

H. Peter Anvin, the aforementioned kernel engineer, posted the patch just recently, which will work with the Core Ultra Series 3 chips, also known as Panther Lake. The patch will also work with Xeon Diamond Rapids processors as well. FRED was originally set up as an opt-in tool, because there was concern about regression before the hardware was publicly available. With the new Panther Lake lineup, FRED has shown itself valuable in performance metrics, and thus, activated by default now.

Is Intel a Buy, Hold or Sell?

Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on seven Buys, 22 Holds and four Sells assigned in the past three months, as indicated by the graphic below. After an 81.86% rally in its share price over the past year, the average INTC price target of $47.97 per share implies 8.63% upside potential.

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