Intel Corporation's rating is upgraded to speculative Buy due to rumors of a deal with SK hynix that could support its foundry business turnaround. The potential joint venture or leasing arrangement might resolve funding and demand challenges for Intel's Ohio manufacturing site. The analyst awaits confirmation of the deal before fully endorsing the investment, emphasizing that capital expenditure above $20 billion is acceptable if backed by external foundry demand. This upgrade reflects cautious optimism about Intel's growth prospects tied to external partnerships.
Intel (INTC) shares surged 8.83% to USD 109.97 on Pluang as of Sep 18, 2026 02:21 WIB, recovering from a 52-week low of USD 24.90 but still below its 52-week high of USD 140.94. In contrast, SK hynix (SKHY) trades higher at USD 184.25, up 5.36%, closer to its 52-week peak of USD 198.63 compared to its low of USD 126.79. The difference in typical hold times—116 days for Intel versus just 3 days for SK hynix—highlights distinct investor behaviors around these tech stocks amid the potential partnership news.
Intel shares rose 4% after reports that SK Hynix is in early talks to produce memory chips at Intel's Ohio facility, marking a potential first for domestic U.S. memory chip manufacturing. However, no deal has been signed, and the plant's opening is n...
Intel and SK Hynix shares rose sharply after reports emerged that the two companies are in early talks to produce memory chips together at Intel's idle Ohio complex. This potential partnership could turn Intel's unused facility into a revenue source ...
Intel reported its fastest growth in 15 years with Q2 revenue up 25%, driven by strong margin expansion in its Data Center and AI businesses. The company raised PC CPU prices three times in a year, focusing on profitability despite a shrinking PC mar...
Tigress Financial upgraded Intel's price target from $118 to $145, maintaining a "Buy" rating due to strong performance in Intel's Data Center and AI division, which saw a 59% revenue increase to $6.3 billion in Q2. The upcoming IPO of Altera, where ...
Intel's stock has surged 291.64% over the past year, driven by strong AI-focused CPU demand, progress in its 18A node, and a revitalized foundry business. Despite recent volatility and concerns over a $15 billion stock offering and ongoing foundry lo...
