AIYahoo Financeabout 3 hours ago
Intel Gets Rare Double Upgrade From Bank of America
1 min read
Bank of America analyst Vivek Arya double-upgraded Intel to buy from underperform, lifting the price target to $135 from $96. The upgrade reflects a belief that AI spending is shifting from GPUs to central processors as agentic systems require more coordination. Intel shares rose about 6% following the upgrade.
Level
Hype check
Tap to vote and see what everyone thinks.
