Intel’s Remarkable Resurgence: From Turnaround to Momentum Powerhouse

Intel’s stock has transformed from a struggling entity into a compelling momentum play, having more than doubled in value over the past twelve months. The shares saw another significant advance today, fueled by a prominent analyst upgrade and reports of critically tight supply for its server CPUs. Central to this renewed investor enthusiasm are tangible advancements in its foundry operations and the potential for a landmark partnership with Apple.

A key catalyst this week was KeyBanc Capital Markets upgrading Intel’s rating to “Overweight” and establishing a price target of $60. Analyst John Vinh cited surging demand for processors destined for AI data centers and marked progress in the Read more...