Intel (INTC) has been playing catch-up in the AI race, hitting 52-week lows before a strong recovery. With $108 billion invested in capital and $79 billion in R&D, Intel aims to boost manufacturing capacity. INTC stock surged 65% in six months, catching investors’ attention.
David Tepper sold his INTC stake, but SoftBank bought 87 million shares. The U.S. government’s $8.9 billion investment in Intel boosts financial flexibility. Intel’s new chip facility in Arizona promises cutting-edge technology, signaling a positive outlook. Corrections could be a good buying opportunity for long-term investors.
A collaboration with Nvidia and a $5 billion investment in INTC common stock could bolster Intel’s AI business. Analysts rate INTC stock a “Hold,” with a mean price target of $36.27. The most bullish target is $52, suggesting a potential turnaround story with 205.6% YoY earnings growth in 2026.
Read more at Yahoo Finance: Legendary Investor David Tepper Just Ditched Intel Stock. Should You?
