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04-30
$Intel(INTC)$  


Intel (NASDAQ:INTC) won a Street-high price target on Sunday after Evercore raised its view on the chipmaker, citing improving execution, a recovery in CPU demand and Intel's role as the only leading-edge U.S. manufacturer.

Evercore Analyst Mark Lipacis upgraded Intel to Outperform from In Line and lifted his price target to $111 from $45. He said the company's latest quarter and forward guidance suggest the market may be undervaluing Intel's earnings power several years out.


Intel Is the new Technology darling : 

Intel Corp. (NASDAQ:INTC)—once at the forefront of the chip industry before falling behind in key technological shifts—grew its net revenues by 7 percent in the first three months of 2026 to $13.6 billion versus $12.7 billion in the same period in 2025, on the back of strong demand for CPUs amid the rapidly growing AI era.

“They delivered their biggest revenue beat in more than 5 years with 7 percent growth. Their margins expanded dramatically too. All this comes down to something that I’ve mentioned a lot lately, the next leg of the AI revolution. The company’s proving so rapidly that it’s surprisingly been able to meet the demand that, well, that’s because Lip-Bu Tan is a great manufacturer,” Cramer noted.

Further buoying sentiment was an optimistic outlook for the second quarter of the year, with revenues projected to grow by 7 to 14.7 percent to a range of $13.8 billion to $14.8 billion, versus the $12.9 billion in the same period in 2025.

Intel Explodes on Terafab & Apple Deal! Did You Sell Too Early?
Intel surged 12.92% to $110. Reports of Apple entering foundry negotiations with Intel Foundry, and Intel joining Elon Musk's Terafab chip manufacturing consortium. An Apple foundry contract, if confirmed, would provide Intel Foundry with its most significant external customer endorsement, marking what analysts call a critical milestone in the new management team's strategic transformation. With three catalysts igniting on the same day, how is Intel's turnaround story different this time — and did you sell too early?
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