- Intel and TSMC embark on a joint venture to boost U.S. chip production.
- Analysts predict a potential 15.14% upside for Intel stock.
- GuruFocus estimates a significant 36.7% upside in Intel's fair value.
Intel (INTC, Financial) and Taiwan Semiconductor Manufacturing Company (TSMC) are set to join forces in a strategic collaboration aimed at revitalizing the United States’ semiconductor manufacturing landscape. With TSMC poised to acquire a 20% stake, this partnership, fueled by governmental backing, could significantly enhance Intel’s standing in the fiercely competitive semiconductor sector.
Wall Street Analysts Forecast
According to the consensus of 32 analysts providing one-year price targets for Intel Corp (INTC, Financial), the average target price is set at $22.86, with projections ranging from a high of $31.00 to a low of $17.70. This average price target hints at a potential upside of 15.14% from the current market price of $19.85. Investors seeking detailed estimation data can explore the Intel Corp (INTC) Forecast page.
From a broader perspective, 46 brokerage firms have collectively assigned Intel Corp (INTC, Financial) an average recommendation score of 3.0, translating to a "Hold" status. The rating system spans from 1 to 5, with 1 indicating a Strong Buy and 5 denoting a Sell.
GuruFocus' proprietary analysis suggests a GF Value for Intel Corp (INTC, Financial) of $27.14 within the next year, implying a notable upside of 36.7% from its current price of $19.8534. The GF Value is calculated by analyzing historical trading multiples, past business growth, and future performance forecasts. For a deeper dive into Intel's valuation metrics, visit the Intel Corp (INTC) Summary page.
