Wall Street sets Intel stock price for next 12 months

With the semiconductor industry taking markets up in the storm, it is easy to overlook players that are not Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). However, their competitor, Intel (NASDAQ: INTC), isn’t far behind in company performance.Intel surpassed expectations in its latest earnings report, beating the EPS estimate of $0.27 with actual EPS of $0.54 and estimated revenue of $15.16 billion by $240 million. Yet its guidance fell significantly short of expectations. Investors reacte ...