Intel (INTC) stock is rebounding on Oct. 19 after JPMorgan upgraded the semiconductor giant, citing improving execution and stronger artificial intelligence (AI) demand. Analyst Harlan Sur lifted his rating on INTC to “Neutral” but left his $85 price target unchanged.
Intel shares, however, have been a lucrative investment in 2026, already trading at more than 2x their price at the start of this year.