Intel Soars 8.55% as Analysts Boost Price Targets Amid AI Strategy Shift
Hamid Siddiqui
News
Intel's stock jumped 8.55% on June 8, 2026, following analysts raising price targets amid a strategic shift toward AI infrastructure. New targets include $110 from Wells Fargo and $128 from Mizuho. Intel's full-stack AI approach, partnerships with SambaNova and Foxconn, and new 18A CPUs signal a turnaround. However, profitability concerns linger as execution risks remain.