Intel Corporation stock (NASDAQ: INTC) was the top-performing equity of the day, surging more than 11%. It reached a high of $48.78 and is now among the most sought-after assets in the market.
The stock is rising against the backdrop of the AI boom and is bound to push it higher in the charts. Intel stock has risen nearly 150% in the past year alone, and it spiked 33% in January this year.
Should You Buy Intel Stock Now?
The answer is yes, Intel stock is a must-watch as the equity has more upside potential. The semiconductor giant is also leading in the AI space, competing with major players such as Nvidia, Amazon, and AMD, among others.
The latest price prediction from Trader Union, a stock analytical firm, estimates that Intel could deliver robust performance in Q1 of 2026. The latest and revised price prediction projects INTL could reach a high of $63 in March 2026.
The maximum INTL could surge to $63, and the minimum price could be $60. That’s an uptick and return on investment (ROI) between 25% to 30%. Therefore, an investment of $1,000 could turn into $1,250 to $1,300 if the price prediction for Intel stock turns out to be accurate.
Also Read: Meta Platforms Stock Climbs after Beating Q4 Earnings Projections
Intel stock had a phenomenal recovery after Trump’s Liberation Day, when it crashed to the $19 level. INTL has only been scaling up in the indices since then, beating all odds. Traders who took an entry position in the equity last year are mostly enjoying profits.
The demand for Intel stock has surged this year, with retail investors making a beeline. “It has been a very long time since Intel has ‘suffered’ from too much demand,” said Seaport analyst Jay Goldberg. “But a good problem to have,” he summed it up during an interview with TipRanks.