Intel stock rises on analyst upgrade citing data center AI demand, ‘significant progress’ in manufacturing

Intel stock rises on analyst upgrade citing data center AI demand, ‘significant progress’ in manufacturing

Intel ( INTC ) stock climbed more than 5% on Tuesday as investment firm KeyBanc upgraded the shares to Overweight from Sector Weight, citing the chipmaker’s advances in its manufacturing business and demand for its chips from AI data centers. Analyst John Vinh said in a note to clients on Tuesday that Big Tech’s demand … Read more