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Intel vs. TSMC: Intel Is Winning an AI Battle Against TSMC That Few Investors Are Watching
['Jabran Kundi', 'Tue', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Like TSMC, Intel is expected to slow from there while still posting strong growth.
Intel's stock had been battered for years, so much of the climb is recovery rather than proof of strength.
On July 28, Bank of America Securities analyst Vivek Arya reaffirmed a "Buy" rating on the shares with a $160 price target.
Based on their estimates, the average price target of $114.50 reflects a further 15% upside from current levels.
In addition, the highest price target of $200 implies an impressive 100% upside from here.