Intel: BofA Sees Earnings Potential of Over $6 per Share by 2030 Through Server CPUs and Foundry!

Bank of America rates Intel as "Buy" with a target price of $135 after reassessing the potentials in server CPUs and the foundry business. Experts predict revenues of over $40 billion for server CPUs by 2030 and see a promising pipeline in the foundry business. The EPS could rise to over $6 per share by 2030, significantly exceeding previous forecasts of $3-4 per share.   Intel (INTC) boasts a stock performance of 422% over the last 12 months, making it one of the strongest stocks in the US technology sector. The company is...