Intel Sees Broad-Based Demand in CPUs Continuing, RBC Says
Idag, 17:47
11:47 AM EDT, 05/04/2026 (MT Newswires) -- Intel (INTC) is looking positive in its near-term prospects, with the company expecting broad-based demand in central processing units to persist through the year and product sales mix to drive average selling prices, RBC Capital Markets said in a Monday note.
Overall CPU demand continues to exceed production capacity, with cloud companies showing the strongest growth and enterprise customers also faring well, RBC analysts said. The product mix has moved more to CPUs with larger dies, which has boosted average selling prices, and the company has raised prices to reflect cost inflation and the strong demand environment, the analysts said.
Intel is seeing CPU density increase, with agentic AI boosting higher CPU-to-GPU ratios compared to traditional AI training workloads, according to the note. Physical AI and edge computing is also driving up demand for CPUs, on which it relies on for real-time inferencing, the note said.
Intel seems to be confident in its H2 outlook, the analysts noted.
RBC maintained the company's stock rating at sector-perform and price target at $80.
Price: 98.23, Change: -1.39, Percent Change: -1.39
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Intel Sees Broad-Based Demand in CPUs Continuing, RBC Says
Idag, 17:47
11:47 AM EDT, 05/04/2026 (MT Newswires) -- Intel (INTC) is looking positive in its near-term prospects, with the company expecting broad-based demand in central processing units to persist through the year and product sales mix to drive average selling prices, RBC Capital Markets said in a Monday note.
Overall CPU demand continues to exceed production capacity, with cloud companies showing the strongest growth and enterprise customers also faring well, RBC analysts said. The product mix has moved more to CPUs with larger dies, which has boosted average selling prices, and the company has raised prices to reflect cost inflation and the strong demand environment, the analysts said.
Intel is seeing CPU density increase, with agentic AI boosting higher CPU-to-GPU ratios compared to traditional AI training workloads, according to the note. Physical AI and edge computing is also driving up demand for CPUs, on which it relies on for real-time inferencing, the note said.
Intel seems to be confident in its H2 outlook, the analysts noted.
RBC maintained the company's stock rating at sector-perform and price target at $80.
Price: 98.23, Change: -1.39, Percent Change: -1.39
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