TradingKey – Global Equities Research has published a positive report on Intel (INTC) with a peak price target of $200 and the firm believes this could be a $5 trillion company in the end. The question after a stellar rise of about 240% year-to-date is whether that long-term valuation makes sense – and if INTC stock is a buy at this point. To find that out, it makes sense to look at both the rationale for the call and the execution risks that could blow it up.Â
Why Some Believe Intel Could Achieve a $5 Trillion Valuation?
The essence of the bullish case is that there is a transition in artificial intelligence from model training to inference and production use. While HPC Nvidia (NVDA) GPUs were over-rewarded economically during the…
