Intel is leading chip gains. A top analyst sees the stock hitting $200 in two years
Intel could hit as much as $200 per share in two years as it continues to strike lucrative deals with top chipmakers, per Melius Research.
TL;DR
- Melius Research has a buy rating on Intel and a price target of $165, with potential to reach $200 in two years.
- Potential deals with Apple, Tesla, and other hyperscalers for Intel's 14A manufacturing process could drive significant stock growth.
- Intel is reportedly considering a deal to help SK Hynix manufacture memory chips in the U.S.
- The stock has gained approximately 300% in the past 12 months, with analysts expecting continued upside.
- The analyst call is contrary to the Street consensus, with a majority of analysts holding a hold rating on Intel.
- Factors like server CPU pricing, agentic CPU attach, and AI PC mix are expected to boost earnings.