Baird, Wedbush Analysts Turn Bullish on Nvidia–Intel Game-Changing Alliance

Tech Titans Forge Unlikely Partnership—Analysts See Massive Upside

Market Impact

Baird and Wedbush analysts just upgraded their outlook on the surprise Nvidia-Intel collaboration—calling it a potential industry game-changer that could reshape semiconductor dominance. The alliance bypasses traditional competitive barriers, creating a powerhouse that cuts across AI, data center, and edge computing segments.

Strategic Implications

This partnership leverages Intel's manufacturing scale with Nvidia's AI dominance—creating synergies that Wall Street can't ignore. The move positions both companies to capture massive market share while potentially squeezing out smaller competitors. One analyst quipped—because nothing makes financiers happier than duopolies masquerading as innovation.

Bottom Line: When giants collaborate, markets notice—and this one's positioned to deliver serious returns despite the usual Wall Street skepticism about tech partnerships actually producing results.

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Announced earlier today, the deal will see Intel manufacture Nvidia-custom x86 CPUs for data centers and new x86 chips with integrated Nvidia RTX GPU chiplets for PCs. The MOVE could potentially boost Intel’s PC market share and expand Nvidia’s access to segments of the PC and data center markets.

The collaboration includes Nvidia investing $5 billion in Intel’s common stock at $23.28 per share. Following the news, shares of Intel surged more than 28% on Thursday, while Nvidia stock gained about 4%.

Baird: “Incrementally Positive for Intel”

Baird analysts called the announcement “incrementally positive for Intel,” pointing out several important benefits. The deal gives Intel’s Foundry Services a major boost by securing Nvidia as a flagship client, aligning with CEO Pat Gelsinger’s push for high-profile manufacturing partnerships.

Also, the analysts believe that strong A14 chip yields add confidence to Intel’s production timeline for late 2026 and strengthen its position in advanced manufacturing.

For NVDA, Baird analysts highlighted the growing role of x86 CPUs in AI workloads, potentially expanding Nvidia’s market beyond its ARM (ARM)-based chip plans.

At the same time, they stated that the partnership could pressure AMD (AMD), as Nvidia’s collaboration with Intel on integrated CPU-GPU platforms challenges AMD’s x86 dominance.

Wedbush: “Intel Goes from a Laggard to a Catalyst”

Wedbush analysts described the deal as a “game-changer” for Intel, stating that it brings the company “front and center into the AI game” after years of challenges for investors.

While no sales timeline has been provided, the analysts believe the deal will not disrupt either company’s individual growth strategies, as both continue to benefit from the booming demand for high-performance chips.

Nvidia remains the clear leader in the semiconductor space, but the analysts view this deal as a turning point for Intel, marking its shift from a “laggard to a catalyst” in the AI race.

Is Nvidia a Buy, Hold, or Sell?

Turning to Wall Street, NVDA stock has a Strong Buy consensus rating based on 35 Buys, two Holds, and one Sell assigned in the last three months. At $211.69, the average Nvidia stock price target implies a 19.88% upside potential.

Is Intel a Good Stock to Buy Right Now?

On TipRanks, INTC stock has received a Hold consensus rating, with one Buy, 25 Holds, and three Sells assigned in the last three months. The average Intel stock price target is $22.34, suggesting a downside risk of 28.04% from the current level.