Intel facing further 10nm delays - Wells Fargo

• Wells Fargo analyst Aaron Rakers says Intel (INTC +1.3%) could face further delays of its 10nm Ice Lake Xeon Scalable Processor, citing industry checks and a SemiAccurate report.
• Rakers says investors should question whether the Ice Lake roadmap could be pushing into 2021.
• AMD (NASDAQ:AMD) shares are up 3.7% after the analyst note and President Trump's comment that the U.S. is "very close" to a deal with China.