Goldman Sachs Starts Intel (INTC) Coverage

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Goldman Sachs Starts Intel (INTC) Coverage Jeff Lewis Sat, June 27, 2026 at 3:32 PM EDT 2 min read INTC AMD NVDA Intel Corporation (NASDAQ:INTC) is one of the 15 Best AI Stocks That Will Make You Rich in 10 Years . On June 25, 2026, Goldman Sachs analyst James Schneider initiated coverage of Intel Corporation (NASDAQ:INTC) with a Neutral rating and $150 price target, representing 12% upside. Schneider expects Intel to benefit from rising server demand tied to agentic AI and sees "upside optionality" from its role as a U.S. "champion" through its foundry business and longer-term wafer outsourcing potential. Still, Schneider noted that peers such as AMD and Nvidia have better revenue visibility and more compelling opportunities at a better valuation. Goldman Sachs sees balanced risk/reward at current levels. On June 23, BofA raised its price target on Intel to $160 from $135 and kept a Buy rating. BofA updated its semiconductor industry models and price objectives, raising its calendar year 2030 total semiconductor industry addressable market forecast to $2.7T from $2.3T, led mostly by growth in memory and data center, with additional support from recovery in auto and industrial markets. On June 22, Mizuho analyst Vijay Rakesh raised the firm's price target on Intel to $135 from $128 and kept a Neutral rating. Rakesh said Intel could see EMIB-T and Foveros tailwinds and could reach 10%-15% advanced packaging market share over the long term. Intel Corporation (NASDAQ:INTC) designs, develops, manufactures, markets, sells, and services computing and related end products and services in the United States, Ireland, Israel, and internationally. 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 . READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy . Disclosure: None. Follow Insider Monkey on Google News .

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Goldman Sachs initiated coverage of Intel (INTC) with a Neutral rating and a $150 price target (12% upside), viewing server demand from the spread of agentic AI and the potential for Intel's foundry and wafer outsourcing positively. BofA raised the semiconductor TAM to $2.7T by 2030, identifying data-center and memory growth as key drivers, and Mizuho raised its target based on share gains in advanced packaging such as EMIB-T and Foveros. However, Goldman noted that competitors like AMD and NVDA have clearer revenue visibility and more attractive valuations, leaving INTC's risk-reward balanced. As a result, demand expansion across the semiconductor sector is positive overall, but Intel shares are likely to face constraints in relative attractiveness.

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