Intel Had an Impressive Showing at CES 2026—Time to Buy?

Core Insights - Intel has made a strong comeback at CES 2026, unveiling new Panther Lake AI chips, which contributed to a stock gain of over 12% year to date [1][3] - The company is seen as a great value buy for 2026, supported by aggressive restructuring efforts and positive analyst sentiment [2][8] - The Panther Lake chip, built on the 18A process (1.8nm), is in production and expected to drive growth in the AI PC market [5][6] Group 1: Product Developments - Intel's Panther Lake AI PC chips received a positive reaction at CES 2026, indicating a potential resurgence for the company [3][4] - The Panther Lake chip is Intel's first offering using the advanced 18A process, marking a return to cutting-edge technology [5][6] - The excitement surrounding Intel's CES showing suggests that the company may be on track to regain its competitive edge in the semiconductor industry [6][7] Group 2: Market Position and Analyst Sentiment - Analysts, including Ben Reitzes from Melius Research, have upgraded Intel's stock to Buy with a price target of $50.00, indicating an upside of nearly 18% from current levels [8] - The foundry business, which has previously been a challenge for Intel, is expected to deliver positive results and contribute to the company's growth [8][9] - Overall, there is optimism about Intel's potential to build on a strong performance in 2025 and continue its upward trajectory in 2026 [9]