NEW YORK, Jan 13, 2026, 10:55 EST — Regular session
- Shares of Intel climbed roughly 6% in morning trading following an upgrade from KeyBanc.
- KeyBanc’s John Vinh reports that channel checks indicate Intel’s 2026 server CPUs are “almost sold out,” with the company considering a 10%-15% price hike. 1
- Intel will release its earnings on Jan. 22. Investors are closely monitoring the report for insights on data-center demand and the company’s outlook. 2
Intel shares climbed more than 6% Tuesday following a KeyBanc upgrade, pushing the chipmaker’s strong start to the year even further. By 10:40 a.m. ET, the stock had gained 6.8%, trading at $47.08.
The move is significant now as investors hunt for proof Intel can boost revenue from data-center chips amid sustained cloud spending. KeyBanc analyst John Vinh reports his checks indicate Intel is almost sold out of server central processing units this year, with potential price hikes of 10% to 15%. 3
That pricing chatter comes after a rocky run for the stock. On Monday, Susquehanna lifted its price target to $40 from $35 but stuck with a neutral rating, citing ongoing pressure in PCs and data centers that justify a discount. Analyst Christopher Rolland noted, “We view this multiple as appropriate given PC and DC headwinds.” 4
Other chip stocks linked to servers saw a boost from the call. AMD jumped 4.8%, but Nvidia slipped roughly 0.7% in early trade.
Beyond servers, bulls have pinned hopes on Intel’s push into contract manufacturing. Investors.com noted that Vinh highlighted Intel’s cutting-edge “18A” process as a path to snagging the No. 2 chip foundry spot right behind TSMC. Shares of TSMC barely moved on the day. 5
Intel’s stock has been a standout performer. MarketWatch reported the shares jumped 27% early in 2026, following an 84% surge in 2025. 6
The broader market held steady as U.S. consumer prices matched forecasts, fueling speculation about possible rate cuts later this year. 7
Intel announced it will release its fourth-quarter and full-year 2025 results on Jan. 22 after the market closes, with a conference call scheduled for 2 p.m. PT. 8
The upside hinges on a few shifting factors. Should hyperscaler spending slow or competitors ease supply constraints, Intel’s pricing power might slip. That would likely bring margins and execution concerns back into focus for investors.
On Jan. 22, the focus shifts to Intel’s earnings report, with Wall Street eager for solid updates on server CPU supply and pricing. Investors will also be watching for a more defined outlook on the pipeline of foundry customers. 9
