---
title: "Citi lifts Intel target to $130 on AI CPU boom"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286856766.md"
description: "Citi's Atif Malik raised Intel's price target to $130, a 37% increase, driven by a new CPU market growth model. The server CPU market is expected to reach $132 billion by 2030, with Intel capturing a 47% share. Intel's strengths include its dominance in Xeon server CPUs and strategic partnerships with Google, Anthropic, and Apple."
datetime: "2026-05-19T05:11:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286856766.md)
  - [en](https://longbridge.com/en/news/286856766.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286856766.md)
---

# Citi lifts Intel target to $130 on AI CPU boom

Major price target hike: Citi’s Atif Malik boosted Intel’s target to $130, a 37% jump from last month’s upgrade, citing a new CPU market growth model. AI-driven CPU demand: Agentic AI workloads and data center needs are projected to push the server CPU market to $132 billion by 2030, with Intel holding a 47% share. Intel’s strategic edge: Dominance in Xeon server CPUs, ASIC wins with Google and Anthropic, and new deals like the Apple chip pact strengthen Intel’s AI positioning.

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