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Barchart
Barchart
Anushka Mukherji

Intel Stock Is ‘Too Good to Ignore’ as HSBC Sets a New Street-High Price Target

After years of decline, Intel (INTC) has certainly staged a dramatic comeback. Under the leadership of CEO Lip-Bu Tan, investor confidence has steadily returned, fueled by meaningful investments to revive the company's foundry business, sweeping restructuring initiatives, early customer wins for its next-generation server processors, and strong government backing.

Together, these efforts have helped restore faith in a stock that had been steadily losing ground to the semiconductor industry's biggest players. Now, after delivering triple-digit gains so far in 2026, one Wall Street analyst believes Intel's rally may be far from over.

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