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Intel Shares Surge 7% on AI Server Chip Demand Near Sellout

Intel Shares Surge 7% on AI Server Chip Demand Near Sellout

Published:
2026-01-14 10:32:02
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BTCCSquare news:

Intel Corp. shares jumped 7% after KeyBanc Capital Markets upgraded the stock, citing unprecedented demand for its AI server processors. The company's 2026 server-CPU capacity is nearing sellout, with analysts projecting potential price hikes of 10%-15% as hyperscale cloud providers drive demand.

Yield improvements in Intel's 18A manufacturing process have bolstered confidence in its data-center and foundry business. The supply crunch underscores a shift from AI HYPE to tangible revenue opportunities, positioning Intel favorably against rivals AMD and Nvidia.

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