Intel Raised to $135 Price Target as Shares Near $700B Market Cap
INTC•Mizuho lifted Intel’s price target to $135 from $128, citing advanced packaging efforts like EMIB-T, glass substrates and 3D stacking poised to boost AI server and HPC demand. Intel shares have rallied on speculation of an Apple U.S. chip manufacturing deal and are approaching a first-ever $700 billion closing market value.
1. Mizuho Price Target Increase
Mizuho raised its price target for Intel to $135 from $128 and maintained a Neutral rating, highlighting Intel’s focus on advanced packaging technologies including EMIB-T, glass substrates and 3D stacking to enhance AI server and high-performance computing efficiency.
2. Share Rally and Market Cap
Intel shares jumped on reports that Apple plans to design and manufacture chips with Intel in the U.S., driving the stock higher and positioning it for a first-ever closing market value above $700 billion as investors bet on its foundry potential.
