Analysts Lift Price Targets to $92-$100 After Intel’s 18A Node Wins Major Clients
Intel’s foundry arm hit high-volume 18A production, fueling customer wins with Google Cloud, SpaceX and Tesla and prompting analyst price targets to $92-$100. Meanwhile shares rallied over 220% year-to-date and activists from JLens are urging shareholders to oppose proxy proposal #7.
1. Analyst Upgrades and Price Targets
Since early 2026, multiple firms have raised Intel’s price targets to $92-$100, citing the company’s strengthening foundry business and strategic manufacturing assets qualified under the CHIPS Act.
2. 18A Process Node Ramp and Client Deals
Intel has commenced high-volume production on its 18A process node, securing design wins with Google Cloud for data center CPUs, along with partnerships to produce specialized chips for SpaceX and Tesla.
3. Share Performance, Activism and Nvidia Stake
Intel’s shares have climbed more than 220% year-to-date, while JLens is urging investors to vote against proxy proposal #7 at the May annual meeting, and Nvidia has allocated a sizable portion of its AI investment portfolio to Intel.