Taiwan Semiconductor reported strong Q4 earnings, with profits up 35% to a record high, boosting TSM and Intel stocks. Citi raised Intel’s rating to “Neutral” with a $50 price target, citing TSM’s benefits for Intel. Intel operates in semiconductor design, with a market cap of $224 billion. It reported a profit in Q3 and analysts expect a turnaround in profitability. Wall Street has mixed views on Intel stock, with a consensus “Hold” rating and a mean price target of $39.62. However, KeyBanc set a Street-high target of $60, indicating a 28% potential upside.

Read more at Barchart.: Taiwan Semi Crushed Q4 Earnings. That Makes This 1 AI Chip Stock a Top Buy.