Bank of America raised its global server CPU market forecast to over $170 billion by 2030, citing agentic AI as the primary demand driver. The revision triggered a semiconductor rally on June 11, with…
Bank of America upgraded Intel from Underperform to Buy on June 11, raising its price target from $96 to $135, after the stock surged more than 200% year-to-date from roughly $20 in May 2025 to nearly…
Intel shares surged 5.2% after Bank of America issued a double rating upgrade, raising Intel to "buy" from "underperform" and boosting its price target to $135 from $96. Analyst Vivek Arya cited Intel…
Bank of America double-upgraded Intel to "buy" from "underperform," raising its price target to $135 per share, citing the company's opportunity to address industry constraints in leading-edge wafers …