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Intel (NASDAQ: INTC) is up 33% this week amid a wave of Wall Street endorsements and high-profile collaborations.
Intel has formed a multi-year partnership with Alphabet to develop AI and cloud infrastructure.
KEY POINTS
- Cantor Fitzgerald and Wells Fargo both raised their Intel price targets this week, citing AI momentum.
- Intel is gaining a larger share of the server CPU market as enterprise demand shifts to hybrid AI compute.
- Despite recent gains, Wall Street's consensus on Intel remains 'Hold' with a wide range of price targets.
COMPANIES
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