Intel shares jump after analyst links Dell results to AI CPU demand
Intel NASDAQ:INTC stock rose 3% on Friday. Global Equities Research analyst Trip Chowdhry said Dell’s latest results suggest sharply higher demand for Intel CPUs used in AI infrastructure.
Intel NASDAQ:INTC stock jumped 3% on Friday after Global Equities Research analyst Trip Chowdhry argued that Dell's latest results point to a sharp increase in demand for Intel CPUs used in AI-related infrastructure.Chowdhry sees a potential $200 share price for Intel and estimates earnings of $20…