Key facts: Citi Sees Intel 47% AI CPU Share; PT $140; Tenstorrent Talks

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2026.05.20 07:14
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Citi projects Intel will hold a 47% share of the AI server CPU market by 2030 and has raised its data-center sales outlook. Benchmark's Cody Acree increased Intel's price target from $105 to $140, maintaining a Buy rating. Additionally, Intel is in talks to acquire AI chip startup Tenstorrent, although no deal has been finalized.