Overview
- Intel shares rose nearly 9% and AMD gained more than 6%, with Intel hitting its highest level in almost two years.
- KeyBanc’s field checks indicate both companies have largely sold out their expected 2026 server-CPU capacity.
- The analysts said Intel and AMD are considering 10% to 15% price increases in response to overwhelming demand.
- Shipment estimates for both chipmakers were raised by KeyBanc.
- KeyBanc said Intel’s 18A production could credibly position it as the No. 2 foundry behind TSMC, while it remains the only Visible Alpha-tracked firm with a buy on Intel and a Street-high $60 target.