Why Analysts See Intel’s (INTC) Collaboration With Nvidia as a Game-Changer

Intel Corporation (NASDAQ:INTC) is one of the AI Stocks on Market Radar. On September 19, Stifel analyst Ruben Roy reiterated a Hold rating on the stock with a $24.50 price target. The rating affirmation follows Nvidia and Intel’s landmark deal to codevelop custom data center and personal computing products leveraging Intel’s x86 CPU architecture and NVIDIA’s GPU technology. The firm views the collaboration favorably, giving Intel a stronger role in AI infrastructure and expanding Nvidia’s reach. “NVID ...