Intel (INTC) Gets $21 PT as Analysts Weigh Trump Administration Stake Talks

Intel Corporation (NASDAQ:INTC) is one of the Buzzing AI Stocks on Wall Street. On August 15, Bernstein SocGen Group analyst Stacy Rasgon reiterated a Market Perform rating on the stock with a $21.00 price target.

The rating affirmation follows news from Bloomberg that the Trump administration is discussing taking up a stake in Intel. The reported talks stemmed from Intel CEO Lip-Bu Tan’s meeting with Trump earlier in the week, with the proposed funding intended to speed up Intel’s Ohio efforts.

Bernstein believes that the hope trade on Intel is back, but investors will have to wait around and see whether “Trump Can Make Intel Great Again”.Intel (INTC) Gets $21 PT as Analysts Weigh Trump Administration Stake Talks

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“Yesterday just before the close, Bloomberg reported that the Trump administration was discussing taking a stake in Intel . The article suggested the plans stemmed from Intel CEO Lip-Bu Tan’s meeting with Trump earlier this week , with funding supposedly to help shore up Intel’s Ohio efforts (currently paused). Bloomberg also indicated that no decisions have been made yet, and that talks could end with no agreement. Both Intel and the administration have at this point supposedly declined comment. Overall though the hope trade on Intel is probably back (for now) as investors wait to see if Trump can Make Intel Great Again (though there is, as always, huge uncertainty around anything this administration does, and we are still not hugely tempted to get involved…). We rate Intel Market-Perform, $21 PT.”

Intel Corporation (NASDAQ:INTC) designs and sells computing hardware, semiconductor products, and AI-driven solutions for various industries.

While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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