Intel Stock Price Forecast – NASDAQ:INTC Surges 83.7% YTD, Nvidia’s $5B Stake, AI Expansion Push Stock Toward $50
Intel (NASDAQ:INTC) Extends Rally Toward $50 as Nvidia Partnership and AI Ambitions Reshape the Chipmaker’s Future
Intel Corporation (NASDAQ:INTC) is staging one of its most significant comebacks in recent years, with its stock climbing to $36.83 at Friday’s close and pushing as high as $38.08 intraday, a level not seen since early 2022. The move follows a sequence of high-impact catalysts, including Nvidia’s unexpected $5 billion investment in Intel, speculation about new foundry collaborations, and the company’s aggressive turnaround strategy under CEO Pat Gelsinger. The result is a stunning 83.7% year-to-date gain, dramatically outperforming the S&P 500’s 14.2% rise. Analysts now see the stock testing resistance at $36.96,…
