Intel (NASDAQ: INTC) Poised for Growth: AI, Data Centers, and Altera IPO Drive Optimism

• Analyst firm Tigress Financial set a price target of $145.00 for Intel, indicating a potential upside of 49.27%.
• Intel's substantial 49% ownership stake in Altera is a key catalyst, especially with Altera's confidential IPO filing.
• Intel's second-quarter Data Center and AI revenue surged by 59% to $6.30 billion, now representing 39% of its total revenue.

Intel (NASDAQ: INTC) is a leading semiconductor company with a market capitalization of around $490 billion. The company designs and manufactures microprocessors for the global personal computer and data center markets. Its activities are increasingly focused on high-growth areas like artificial intelligence (AI) infrastructure.

On September 15, 2026, analyst firm Tigress Financial increased its price target for Intel to $145.00. At the time, the stock was trading at $97.14 per share. This new target suggests a potential upside, or possible profit, of approximately 49.27% from its price when the target was set.

This optimistic forecast follows a significant run for Intel, with its shares surging 315% over the past 12 months. A recent catalyst for the stock was Altera's confidential filing for an initial public offering (IPO). This event has drawn investor focus to Intel's large 49% ownership stake in Altera.

Altera specializes in programmable chips used in sectors like data centers, AI, and defense. The IPO could help establish a public market value for Intel's stake. However, since details like the number of shares and price are not yet public, the exact value of Intel's position remains uncertain.

Intel's own performance also supports a positive outlook. Its second-quarter Data Center and AI revenue grew by 59% to $6.30 billion, now making up about 39% of total revenue. This historic growth has sparked debate on its sustainability, as highlighted by 24/7 Wall Street.