Intel Stock (INTC) Gets Price Target Lift on Strategic Moves and Foundry Expansion

Intel Corporation (NASDAQ:INTC) is one of the AI Stocks Investors Are Watching Closely. On September 29, Deutsche Bank reiterated the stock as “Hold” and raised its price target to $30 per share from $23. Intel has had a busy month lately, from multiple equity raises involving the U.S. government and Nvidia, collaborations with Nvidia, the divestiture of Altera, and macro-related impacts such as tariffs and trade restrictions. Discussing these events, the analysts noted that the company’s recent actions ...