AITheStreetabout 14 hours ago
Bank of America double-upgrades Intel stock to Buy
6 min read
Bank of America double-upgraded Intel to Buy from Underperform and raised its price target to $135 from $96. The upgrade follows healthier visibility in server demand. Intel still faces fierce pressure from Nvidia, AMD, and Arm-based chip designs, while its foundry strategy remains one of the most expensive bets in semiconductors.
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