Quick Read – Intel (INTC) received a price target raise from Citi to $130 from $95, based on a new CPU total addressable market framework that includes agentic AI workloads growing 185% annually and driving the overall CPU market to 35% annual growth to $132B by 2030. – CPUs are…
ining strategic importance in the AI stack as orchestration layers for autonomous agents, positioning Intel as a structural beneficiary of the next compute cycle beyond GPU-centric architectures. – The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE
Citi just made a bold reassessment of the CPU story in the AI era. Analyst Atif Malik raised the firm’s price target on Intel to $130 from $95 and kept a Buy rating on Intel (NASDAQ:INTC), citing an entirely new total addressable market framework built around agentic CPU workloads. For long-term investors, the call reframes Intel stock as more than a turnaround trade.
It positions the chipmaker as a structural beneficiary of the next AI compute cycle. The price target raise lands as Intel shares trade near $107. The stock has staged a dramatic recovery off of last year’s lows.