Intel (INTC) has won the stock market thanks to numerous major investments over the past few months. From the US government to Nvidia, the former tech giant has seen a comeback with its inventory this year. Investment is expected to continue. In recent weeks, they have secured $5 billion from Nvidia, have made $2 billion from SoftBank with commitment to co-developing new AI chips. According to a report from the New York Times, Intel is reportedly in discussions with Apple about potential investments.
The struggling chipmaker has spoken several times with iPhone developers, according to NYT. Intel was once a leading Mac computer supplier, and both companies developed Thunderbolt technology. However, their arrangement began to decline in 2020 and was eventually phased out in 2023. iPhoneMaker and Intel are also discussing ways to work together more closely, the NYT report said, adding that the speech is in the early stages and may not have led to an agreement.
Neither Intel nor Apple have confirmed that it will resume speaking, but Wall Street has responded proactively, increasing INTC by 4% on Thursday. This coincides with a 30% increase in stocks over the past 30 days and a 64% rally YTD.
Apple’s Intel Investment Possibilities: How to Increase INTC
Recent discussions on analyst upgrades and partnerships have shown the company’s positive momentum amid ongoing challenges in the semiconductor sector. Analysts have a variety of opinions about Intel, with price targets ranging from $14 to $25. The current market price is $33, which is the analyst’s goal above all. Loop Capital offers a $25 pending rating with a $25 target and boasts the highest priced target accuracy (99.85/100).
In contrast, Rosenblatt issues a sell with a $14 target, while maintaining lower orientation accuracy (41.51/100). Analysts such as JP Morgan and Goldman Sachs have also set a target of $21, offering a general bearish outlook despite the different historic performance metrics.
