Intel Corp. (INTC) Soars to New Record High as Analyst Posts Bullish Outlook

Core Insights - Intel Corporation (NASDAQ: INTC) experienced a significant stock price increase, reaching a nearly two-year high of $48.24 during intra-day trading, ultimately closing up by 7.33% at $47.29 [1] - KeyBanc issued an "overweight" recommendation for Intel, citing stronger-than-expected demand in data centers and tighter memory supply in the semiconductor industry [2] - Intel's stock has a price target of $60 from KeyBanc, indicating a 27% upside potential from its recent closing price, driven by strong demand from hyperscalers affecting supply chains and increasing DRAM and NAND prices by 10-15% [3] Company Performance - Intel has sold out its server CPUs for 2026, reflecting robust demand [3] - The company is improving its manufacturing yields, with its 18A process exceeding 60%, which is sufficient for ramping up production of Panther Lake [4] - Intel is set to release its fourth-quarter and full-year 2025 earnings results on January 22, with investors keenly awaiting the business outlook for 2026 [4]