Intel shares (INTC) rose 4% on Monday after a bullish note from New Street Research analyst Pierre Ferragu and an acquisition announcement. Ferragu sees the stock rising 38% to $125, citing growing interest in agentic AI and persistent supply constraints for server CPUs. He expects Intel to increase server capacity by over 50% in 2027, with data center and AI revenue potentially exceeding Wall Street estimates, and projects server CPU sales reaching $50 billion by 2030 in a market above $220 billion. He estimates Intel could earn $7.10 per share by then, versus consensus of about $1.50 in 2026. After the market close, Intel also agreed to acquire quantum computing software developer Classiq to help scale its quantum computing platforms.
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Intelsemiconductorsartificial intelligencequantum computingmergers and acquisitions
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Related tickers and likely impact
NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/26/2026 | 215.98 |
| Change that session | +2.38% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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