Melius Research Upgrades Intel (INTC) to Buy with $50 PT on Long-Term 14A Node Prospects for Nvidia, Apple

Intel Corporation (NASDAQ:INTC) is one of the most buzzing stocks to invest in according to hedge funds. On January 5, Melius Research upgraded Intel to Buy from Hold with a $50 price target. The firm dismissed recent reports regarding Nvidia’s dissatisfaction with the Intel 18A process node as stale information. Instead, the firm sees a good chance that both Nvidia and Apple will seriously evaluate the Intel 14A node for production by the 2028–2029 timeframe. The potential shift could be a significant t ...