Intel stock jumps after KeyBanc’s $60 call — what Wall Street watches next for INTC
Intel shares surged 7.3% to a 52-week high Tuesday after KeyBanc upgraded the stock, citing tight supply of AI server CPUs and progress on the 18A chipmaking process. KeyBanc set a $60 price target, the highest among analysts. After-hours trading saw shares edge up 0.1%. Investors await Intel’s January 22 earnings for updates on margins and manufacturing.