Jefferies raised Intel's price target from $40 to $45, citing expectations of stronger server demand into 2026, despite anticipated supply constraints and margin misses ahead of the January 22 earnings report. The stock is currently trading slightly lower at $48.09 (-0.48%).
- New Intel Core Ultra Series 3 processors, built on U.S.-made 18A technology for AI PCs, edge, and robotics, are scheduled to launch on January 27.
- Strategic AI focus was bolstered by the $900 million robotics acquisition by subsidiary Mobileye.
- The stock's minor dip aligns with broader market movement, as the S&P 500 was down 0.06%.