Intel shares jump 8% as chip peers rally on upgrade
Intel (INTC) led a broad semiconductor advance Tuesday, with shares jumping 8%. Northland Securities upgraded Intel to Outperform from Market Perform and set a $120 price target amid investor focus on a potential CPU price increase.
Intel (INTC) led a broad semiconductor advance Tuesday, with shares rising 8% as investors weighed a potential CPU price increase and a fresh analyst upgrade. Northland Securities raised Intel to Outperform from Market Perform and set a $120 price target. Analyst Gus Richard pointed to an ongo…