{"id":89398,"date":"2026-07-24T07:30:17","date_gmt":"2026-07-24T07:30:17","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/89398\/"},"modified":"2026-07-24T07:30:17","modified_gmt":"2026-07-24T07:30:17","slug":"hsbc-eyes-200-intc-target-as-intels-server-foundry-power-earnings-surge","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/89398\/","title":{"rendered":"HSBC Eyes $200 INTC Target as Intel\u2019s Server & Foundry Power Earnings Surge"},"content":{"rendered":"

The stock mounted a massive multi-hundred-percent rally in 2026 after spending 2024 and 2025 building out its process technology<\/p>\n

Written by:
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\n Olumide Adesina
\n <\/a><\/p>\n

\u2022
\n Friday, July 24, 2026
\n \u2022
\n 1 min read<\/p>\n

\n \u2022
\n Last updated: Friday, July 24, 2026\n <\/p>\n

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\"Intel<\/p>\n

Quick overview<\/p>\n

Intel (INTC) has seen a significant stock rally in 2026, driven by advancements in its process technology and foundry infrastructure.The stock reached over $142 in June but has since retreated to the $101\u2013$103 range due to profit-taking and cooling market conditions.Intel’s role in AI data center architecture is being reinforced by the adoption of Xeon processors and the rollout of the Core Ultra Series 3.Analysts predict that server CPU growth and the expansion of Intel’s foundry business could lead to multi-year earnings growth, despite potential challenges from competitors.<\/p>\n

Intel (INTC) has experienced a dramatic turnaround.\u00a0 The stock mounted a massive multi-hundred-percent rally in 2026 after spending 2024 and 2025 building out its process technology and foundry infrastructure, propelled by strong quarterly execution and growing market confidence in its node roadmap.<\/p>\n

\"Intel<\/p>\n

\u00a0Intel broke out early in the year following solid earnings beats and increasing momentum around its Intel 18A process node. The stock topped $142 in late June. July has seen broader sector profit-taking and cooling ahead of Q2 earnings, drawing INTC back to the $101\u2013$103 zone. The rollout of Core Ultra Series 3 across 200+ AI PC designs has significantly bolstered client market share confidence.<\/p>\n

\u00a0Enterprise and cloud providers are renewing server CPU refreshes to pair alongside AI accelerator clusters. Adoption of Xeon processors in platforms like NVIDIA\u2019s DGX systems has reassured investors about Intel\u2019s ongoing role in AI data center architecture.<\/p>\n

Wall Street has increasingly begun valuing Intel\u2019s foundry business as a standalone segment. Advanced packaging services (EMIB\/Foveros) and external wafer commitments have created a long-term growth narrative separate from traditional x86 chip design.<\/p>\n

\u00a0Analysts (such as HSBC, carrying a Street-high $200 target) argue that server CPU growth (+20%\u201325% YoY) combined with foundry unlocks will drive a multi-year earnings expansion.<\/p>\n

\u00a0As manufacturing yields improve on internal nodes (away from external TSMC outsourcing), gross margins are expected to expand.<\/p>\n

Ramping 18A and building out global fab sites requires huge capital expenditures that could constrain free cash flow if yields lag expectations. Advanced AI accelerators continue to grab IT budget shares from traditional CPUs, and competitors (AMD, TSMC) remain formidable in core market segments.<\/p>\n

\"\"<\/p>\n

Olumide Adesina <\/p>\n

\n Financial Market Writer\n <\/p>\n

\n Olumide Adesina is a French-born Nigerian financial writer. He tracks the financial markets with over 15 years of working experience in investment trading.\n <\/p>\n