Intel Corporation (NASDAQ:INTC) is one of the 15 AI Stocks That Are Skyrocketing<\/b>. On February 12, DA Davidson initiated coverage on Intel Corporation (NASDAQ:INTC), giving the stock a Neutral rating and setting the price target at $45. The firm noted that there are \u201creal developments across the business for investors to get excited about\u201d at the company.<\/p>\n
DA Davidson sees Intel Corporation\u2019s (NASDAQ:INTC) current strategy as \u201cone of the hardest resets in semiconductor history.\u201d The research firm noted that the company is trying to rebuild its leading-edge process capability while also working to become a trusted third-party foundry. DA Davidson called Intel Corporation (NASDAQ:INTC) the \u201cultimate \u2018show me\u2019 story,\u201d meaning the company still needs to prove that it will succeed.<\/p>\n Intel Corp.’s headquarters, the Robert Noyce Building in Santa Clara, California. Photo from Intel Corp website<\/p>\n Earlier, on January 28, Tigress Financial Partners raised its price target on Intel Corporation (NASDAQ:INTC) from $52 to $66 and kept its Buy rating. The firm pointed to AI data center tailwinds, progress in the 18A manufacturing process, and potential AI PC refresh cycles to support the company\u2019s turnaround strategy.<\/p>\n Tigress Financial Partners sees these factors as part of \u201can increasingly compelling multi-year upside story.\u201d<\/p>\n Intel Corporation (NASDAQ:INTC) is an American company that manufactures central processing units (CPUs) and semiconductors.<\/p>\n While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you\u2019re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/b>.<\/p>\n READ NEXT: <\/b>12 Best Oil and Gas Stocks to Buy Right Now<\/b> and <\/b>10 Best AI Software Stocks to Buy Right Now<\/b>.<\/b><\/p>\n Disclosure: None. This article is originally published at Insider Monkey<\/b>.<\/p>\n<\/p><\/div>\n<\/div>\n<\/div>