Intel (INTC) stock price has surged 20% over the past 30 days, making it a potential new leader in the industry, even outperforming Nvidia recently. The rise is attributed to Intel launching the new Panther Lake processor series and a strong earnings report—driven by data center and artificial intelligence demand, with revenue increasing by 15%. Additionally, analyst Susquehanna has raised Intel's target stock price to $40. Although Intel's current P/E ratio is 15, lower than Nvidia's 40, analysts believe there is still room for its stock price to grow given its growth potential.
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Intel (INTC) stock price has surged 20% over the past 30 days, making it a potential new leader in the industry, even outperforming Nvidia recently. The rise is attributed to Intel launching the new Panther Lake processor series and a strong earnings report—driven by data center and artificial intelligence demand, with revenue increasing by 15%. Additionally, analyst Susquehanna has raised Intel's target stock price to $40. Although Intel's current P/E ratio is 15, lower than Nvidia's 40, analysts believe there is still room for its stock price to grow given its growth potential.