AIThe Motley Foolabout 4 hours ago
Bank of America upgrades Intel to buy with $135 target
1 min read
Bank of America upgrades Intel to buy from underperform with $135 price target, up from $96, citing 22% YoY data center and AI revenue growth to $5.1 billion in Q1 2026. The firm raises server processor market forecast to over $170 billion by 2030, with Intel capturing 25%. The shift reflects growing demand for central processors in agentic AI systems.
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