Reported about 18 hours ago
Intel's shares have increased over 8% in January, outperforming the S&P 500, as investors react to leadership changes and news of its venture fund becoming a standalone entity. Despite still being down over 50% from last year, the chipmaker's stock is seeing renewed interest following CEO Pat Gelsinger's retirement and speculation about a potential takeover. Analysts remain cautious, with no 'buy' ratings currently, but the stock's mean price target suggests a possible rise of more than 20%.
Source: YAHOO