Intel’s Price Target Raised to $130 as Server CPU Market Tops $132B
Citigroup projects the global server CPU market to expand from $29.3B in 2025 to $132B by 2030, with agentic CPUs surging at a 185% CAGR to $59.4B. The firm raised Intel’s price target from $95 to $130 and forecasts it will secure 47% market share through 2030.
1. Server CPU Market Growth Forecast
Citigroup projects the global server CPU market to grow from $29.3 billion in 2025 to $132 billion by 2030, driven by a 20% CAGR in general-purpose CPUs, 21% in AI head node processors, and a 185% CAGR in emerging agentic CPUs.
2. Intel’s Market Share and Price Target Increase
The firm expects Intel to retain the largest share of the CPU market through 2030 at approximately 47%, leading Citigroup to raise its price target on Intel from $95 to $130 while maintaining a buy rating.
3. Competitive Positioning and Stock Performance
Advanced Micro Devices is projected to hold a 34% market share and Arm-based processors 19%. Intel shares have climbed about 195% year to date, compared with a roughly 98% gain for AMD over the same period.