ChipsYahoo Finance1 day ago
Intel stock pops on upgrade from BofA on CPU growth
1 min read
Intel stock rose as much as 10% after Bank of America analyst Vivek Arya upgraded shares from Underperform to Buy and raised the price target to $135 from $96. Arya cited higher confidence in Intel's opportunity to capture a larger agentic CPU market and expects server CPU sales to gain roughly 25% of the total addressable market by 2030.
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