Intel shares have risen 86% year-to-date, driven by strong demand for server CPUs fueled by the rise of agentic AI. BNP Paribas upgraded Intel from Underperform to Neutral, raising its price target from $34 to $60, citing expanding margins due to higher chip prices and near-full fab utilization. Intel's datacenter revenue is expected to grow 14% in 2026 and 8% in 2027, supported by new 14A chip manufacturing technology and potential foundry customer interest. Despite challenges in PC revenues and server market share erosion, the AI-driven demand surge is improving Intel's financial outlook significantly.
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
Sanjeev Sharma forecasts the S&P 500 will finish 2026 slightly below its starting point due to weak consumer fundamentals like stagnant wage growth, high inflation, elevated gas prices, and rising interest rates. His disposable income-based model hig...
The Direxion Daily Technology Bull 3X ETF (TECL) is rated Buy due to easing inflation and a positive outlook for the Nasdaq-100, driven by growing AI infrastructure investments and increasing influence of smaller AI-related companies beyond the major...
Intel Foundry has begun high-volume manufacturing of select Intel Core Ultra Series 3 processors, known as Panther Lake, using ASML's High NA EUV lithography on the Intel 18A process node. This marks a key milestone in semiconductor manufacturing, de...
The Direxion Daily Semiconductor Bull 3X Shares (SOXL) surged nearly 293% year-to-date but recently fell about 30% in the last month, including a sharp 16% drop in one day. SOXL uses leverage to triple daily semiconductor index returns, but this also...
