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Intel upgraded to Buy at $61.20 on strong Q3 data center growth and AI partnership with Nvidia.

Analyst Insights
15 Nov 2026, 06:57 WIB
Seeking Alpha
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Bullish
Intel upgraded to Buy at $61.20 on strong Q3 data center growth and AI partnership with Nvidia.

Intel Corporation was upgraded to a Buy rating at $61.20 due to a significant operational recovery and growing AI opportunities. The company's Q3 data center revenue surged 78% to $7.3 billion with a 42% operating margin, supported by higher server prices and volumes. A partnership with Nvidia enhances Intel's access to accelerated computing ecosystems, though challenges like supply constraints and weak PC demand remain. The analyst maintains a $72–$80 price target contingent on continued earnings growth at a premium valuation.

As of Nov 15, 2026 12:11 WIB, Intel Corporation (INTC) trades at USD 59.66 on Pluang, down 2.52% in the last day. The stock shows strong investor interest with 70% of order activity on Pluang being buys, despite the recent price dip. Intel's market capitalization stands at $317.09 billion, highlighting its significant presence in the technology sector.

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