Street Calls of the Week
Investing.com - Cantor Fitzgerald maintained its Neutral rating on Intel (NASDAQ:INTC) while raising its price target to $45.00 from $24.80. The semiconductor sector has shown significant momentum recently, with industry leaders demonstrating strong market performance.
The research firm had previously added Intel as a "Tactical Long" on August 25th when the stock was trading at $24.80, according to analyst notes released Friday.
Cantor Fitzgerald now recommends investors consider taking profits when the stock approaches the new $45.00 target price.
The firm indicated that meaningful improvement in Intel’s fundamentals would be necessary to drive additional upside beyond the new target, noting concerns that such improvements might take considerable time.
Specifically, the research firm mentioned that 14A foundry commitments for Intel are "unlikely until 2HCY26 at the earliest," while also noting positive industry implications regarding undersupply across both Server and Client CPUs.
In other recent news, Advanced Micro Devices (AMD) has made headlines with several significant developments. IBM announced it successfully ran a quantum computing algorithm on standard AMD chips, marking a pivotal advancement in quantum computing’s commercial viability. Meanwhile, AMD’s strategic moves in artificial intelligence have caught the attention of analysts, with BofA Securities raising its stock price target to $300 from $250, maintaining a Buy rating. This upgrade follows announcements at the 2025 OCP Conference, where AMD unveiled its MI450 Series "Helios" racks. Similarly, Wedbush increased its price target for AMD to $270 from $190, citing new AI partnerships, including a deal with Oracle to deploy 50,000 AMD MI450 GPUs by the third quarter of 2026. Additionally, AMD introduced its Helios open rack-scale AI platform at the OCP Global Summit in San Jose, integrating various AMD technologies to support next-generation AI workloads. Bernstein SocGen Group reiterated its Market Perform rating for AMD, noting the company’s strategic positioning in the AI market despite giving up 10% equity in a deal with OpenAI. These developments underscore AMD’s continued focus on expanding its presence in the AI and quantum computing sectors.
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