--- title: "Key facts: Citi Sees Intel 47% AI CPU Share; PT $140; Tenstorrent Talks" type: "News" locale: "en" url: "https://longbridge.com/en/news/287021741.md" description: "Citi projects Intel will hold a 47% share of the AI server CPU market by 2030 and has raised its data-center sales outlook. Benchmark's Cody Acree increased Intel's price target from $105 to $140, maintaining a Buy rating. Additionally, Intel is in talks to acquire AI chip startup Tenstorrent, although no deal has been finalized." datetime: "2026-05-20T07:14:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287021741.md) - [en](https://longbridge.com/en/news/287021741.md) - [zh-HK](https://longbridge.com/zh-HK/news/287021741.md) --- # Key facts: Citi Sees Intel 47% AI CPU Share; PT $140; Tenstorrent Talks - Citi forecasts Intel to capture 47% of AI server CPU market by 2030, raises data-center sales outlook and flags upside from Intel’s ASIC business, including Mount Evans IPU and Anthropic work.1 - Benchmark's Cody Acree lifted Intel (INTC) price target from $105 to $140 and kept a Buy after a fireside chat, citing stronger confidence in Intel’s 2027–2028 earnings potential.2 - Intel (INTC) held exploratory talks to acquire AI chip startup Tenstorrent alongside Qualcomm; Tenstorrent is weighing options with advisors. No deal announced; talks may not lead to a transaction.3 ### Related Stocks - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [PSI.US](https://longbridge.com/en/quote/PSI.US.md) - [SOXX.US](https://longbridge.com/en/quote/SOXX.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md) - [C.US](https://longbridge.com/en/quote/C.US.md) - [QCOM.US](https://longbridge.com/en/quote/QCOM.US.md) - [C-R.US](https://longbridge.com/en/quote/C-R.US.md) ## Related News & Research - [Why Is Intel Stock Falling Thursday?](https://longbridge.com/en/news/286412615.md) - [Intel's AI Comeback: CEO Reveals Insatiable CPU Demand As Customers Bulk Up Orders](https://longbridge.com/en/news/286895882.md) - [Tiger Global’s $180M Intel bet fuels AI-era optimism](https://longbridge.com/en/news/286868190.md) - [As a New CPU Surge Takes Wall Street, Tiger Global Just Took a New Stake in Intel Stock](https://longbridge.com/en/news/286806428.md) - [Citi lifts Intel target to $130 on AI CPU boom](https://longbridge.com/en/news/286856766.md)