Intel

Intel shares fall in premarket trading after reports that TSMC is in talks with Elon Musk’s Terafab about a possible stake. Market participants fear TSMC could own and operate the fab, excluding Intel’s 14A process from the project and further burdening the already loss-making foundry business. Analysts mostly rate Intel as “Hold,” while market share in laptops and desktops continues to decline. Investors should closely watch statements from Intel, Musk and any concrete agreements with TSMC. » More on finanzen.net

Melius Research analyst Ben Reitzes believes a doubling of Intel’s stock to $200 within 24 months is possible, driven by expansion of the foundry business and the rollout of 14A manufacturing. His SOTP calculation assumes a 14A production start in 2028, commitments from customers like Apple and Tesla, a possible spin-off of the foundry unit around 2030, and further deals such as potential use of the Ohio plant by SK hynix. The analyst consensus remains markedly more cautious (average target ~117 US dollars) and views Reitzes’s scenario as a speculative bet on several unconfirmed events. » More on finanzen.net

Melius Research analyst Ben Reitzes outlines a scenario in which Intel’s stock could rise to $200 within 24 months, driven by increasing value in the foundry business and potential production milestones. Assumptions include mass production of the 14A process from 2028, firm commitments from major customers like Apple and Tesla, and a possible spin-off of the foundry unit around 2030. The analyst values the foundry and product businesses at roughly $80 per share each and identifies additional upside from stable server prices and AI demand. The broader analyst consensus remains cautious (average price target $117.56, mostly “Hold”), so the $200 scenario is presented as a speculative, conditional forecast. » More on finanzen.net