KeyBanc Turns Bullish on Intel (INTC), Citing Server CPU Tightness and Foundry Yield Gains

Intel Corporation (NASDAQ:INTC) is one of the Trending AI Stocks on Wall Street. On January 13, KeyBanc analyst John Vinh upgraded the stock from Sector Weight to Overweight with a price target of $60.00. Firm analysts see improving foundry yield gains and robust hyperscaler-driven data center demand. Despite several headwinds in the server CPU market, KeyBanc believes that Intel is still in the lead. Its checks are a reflection of the same, indicating how INTC is almost sold out for the year in server C ...