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Intel Stock Surges 11% Amid AI Boom: Analysts See Further Upside

Intel Stock Surges 11% Amid AI Boom: Analysts See Further Upside

Author:

Global Cryptocurrency

Published:

2026-01-29 13:32:02

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Intel Corporation (NASDAQ: INTC) led market gains with an 11% surge, peaking at $48.78 as semiconductor stocks rallied. The chipmaker has gained 150% over the past year, including a 33% January spike, fueled by its positioning in the AI arms race against NVIDIA, AMD, and cloud providers.

Trader Union projects a $63 price target by Q1 2026, suggesting 25-30% ROI potential. This WOULD convert a $1,000 position into $1,250-$1,300. The stock's recovery from its $19 trough during market turbulence now positions it as a bellwether for semiconductor momentum.

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