Citi Raises Intel Price Target to $130 Amid Agentic CPU Growth Outlook
Citi analyst Atif Malik raised the price target for Intel (INTC) from $95 to $130, citing a new total addressable market framework that forecasts significant growth in agentic AI workloads. The firm expects the CPU market to grow at an annual rate of 35% through 2030, reaching $132 billion.
Topics: AI CPUs Citi Intel Price Target Raise