Analyst Ben Reitzes from Melius Research maintains a Buy rating on Intel, setting a price target of $165. He suggests the stock could reach a valuation of $200 within two years. This assessment is based on a sum-of-the-parts analysis, where both the product and foundry segments are valued at over $80 per share each.
Intel shares have risen by approximately 160–163% since the beginning of 2026. The company recently announced an equity raise of $20 billion at a price of $95 per share to support its long-term roadmap. Management plans to significantly increase capital expenditure in 2027 compared to 2026 levels.
SK Hynix is reportedly exploring options to manufacture memory chips, including high-bandwidth memory, in the United States. One potential scenario involves utilizing Intel's planned facility in Ohio through a joint venture or leasing agreement. These discussions remain preliminary, and no formal contract has been signed.
