- Intel (INTC) is trading 2.2% up at $134.64, extending a multi-day rebound from last week’s tech selloff.
- Cantor Fitzgerald analyst C.J. Muse today raised the firm's price target on Intel to $150 from $90, maintaining a Neutral rating, driven by strong performance in the compute sector.
- The stock continues to benefit from enthusiasm around its AI and foundry roadmap, which has fueled a triple-digit year-to-date rally.