Why Intel Stock Climbed Today
The Motley Fool
Intel stock rose over 3% on Tuesday following bullish analyst commentary. Seaport Research Partners placed a buy rating on Intel with a $65 price target (33% upside), citing optimism about the company's new Panther Lake processors gaining market share. HSBC analyst Frank Lee also turned more optimistic, expecting Intel's server chip sales to grow significantly faster than Wall Street's 4-6% projection, driven by demand for agentic AI applications.
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