SK Hynix is reportedly in talks to build memory chips inside Intel's Ohio complex, and the market loved it. But the plant has no timeline, no signed deal, and a product restriction that Seoul may never lift.

Intel stock rises as Altera advances toward a proposed IPO, marking a key step in its return to public markets and Intel’s broader restructuring plan

Intel's turnaround is gaining credibility as its CEO commits his own money, raises capital, and tackles AI and manufacturing bottlenecks while attracting major backing from Washington and Nvidia.

On the heels of this news, Northland Securities analyst Gus Richard upgraded Intel to outperform (buy), from market perform (hold), with a price target of $120. For those keeping score at home, that represents potential upside of 25% compared to Friday's closing price (ahead of the Labor Day weekend).

Intel shares led semiconductor and other tech stocks higher Wednesday. The chipmaker is buying back a 49% stake in its Ireland chip plant that it sold to Apollo in 2024.

Intel’s AI-driven turnaround is gaining momentum, but a massive rally has pushed valuation to levels that leave little room for disappointment.

Shares of Intel Corp. INTC could nearly double to $200, driven by foundry deals and stronger product earnings, according to an analyst at Melius Research. The firm maintained a Buy rating on the chip manufacturer,

Intel’s foundry story gives the stock a catalyst beyond the AI chip cycle. Nvidia, AMD and Intel stocks moved higher before Thursday’s opening bell even after the Federal Reserve delivered its first rate increase in three years and signalled that more tightening could follow.