"…Nearly Impossible to Get More…": Intel Stock (NASDAQ:INTC) Surges as Intel Starts Selling High-End Chips to Laptop Makers

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2026.05.19 19:34
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Intel's stock (NASDAQ: INTC) surged over 3.5% as the company shifts focus from its Intel 7 processor lineup to the more available 18A models for laptop makers. This change raises concerns about the supply of budget laptops. Citi analyst Atif Malik increased Intel's price target from $95 to $130, citing a growing server CPU market. Wall Street analysts currently rate INTC as a Hold, with a consensus of 11 Buys, 24 Holds, and 3 Sells, indicating a potential downside risk of 22.36%.