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Intel Stock (INTC) Gets Price Target Lift on Strategic Moves and Foundry Expansion

Intel Corporation (NASDAQ:INTC) is one of the AI Stocks Investors Are Watching Closely. On September 29, Deutsche Bank reiterated the stock as “Hold” and raised its price target to 30persharefrom30 per share from 23. Intel has had a busy month lately, from multiple equity raises involving the U.S. government and Nvidia, collaborations with Nvidia, the divestiture of Altera, and macro-related impacts such as tariffs and trade restrictions. Discussing these events, the analysts noted that the company’s recent actions ...