Intel Corporation stocks have been trading up by 3.38 percent amid optimism around AI chip demand and data center growth.
Key Takeaways
- Wall Street firms are hiking targets on INTC as its AI and foundry turnaround gains traction, with Tigress now aiming for $145 a share.
- Another major firm, Northland, upgraded INTC to Outperform with a $120 target, leaning on server CPU shortages and the SpaceX/Tesla-linked Terafab foundry story.
- Management plans roughly 10% PC CPU price hikes in early October, and INTC shares spiked about 9–10% on the news, signaling renewed pricing power.
- High‑NA EUV at Intel Foundry and ASML has already processed over one million wafers, with 18A / Panther Lake layers meeting or beating prior performance.
- An…
