Intel Stock Jumps After Meeting with Trump: "An Amazing Story"

Intel stock (NASDAQ:INTC) surged 5% after CEO Lip-Bu Tan met with President Trump, who referred to Tan as having an "amazing story." Trump's concerns about Tan's past involvement with Chinese companies were alleviated, and further meetings are planned with Trump's cabinet. Analysts have a Hold consensus rating on INTC stock with a $22.10 price target, implying 1.84% upside potential.

Title: Intel Stock Surges 5% Following Trump Meeting with CEO Lip-Bu Tan

Intel Corporation (NASDAQ: INTC) stock experienced a significant uptick, surging 5% following a meeting between CEO Lip-Bu Tan and President Trump. The meeting, held at the White House, was described as a success by both parties, with President Trump expressing his positive outlook on Tan's leadership and the company's commitment to U.S. technology leadership [2].

President Trump's initial concerns about Tan's past involvement with Chinese companies, including allegations of conflicts of interest, were seemingly alleviated during the meeting. Tan's statement, emphasizing his long-standing relationship with the U.S., likely played a role in reassuring the president [2]. The meeting also set the stage for further collaboration between Intel and the administration, with plans for future discussions with Trump's cabinet.

Analysts, however, remain cautious about Intel's stock prospects. According to a consensus rating from 35 analysts, the stock is currently rated as "Neutral," with 37 analysts recommending holding the stock and 4 suggesting selling it [3]. The average 12-month price target for Intel stands at $21.94714, implying a potential upside of 2.08% from the current price [3].

Intel's stock performance over the past year has been relatively stable, with a gain of over 1% and a 52-week range from $17.67 to $27.55 [3]. The company has faced challenges, including significant manufacturing setbacks and a non-cash charge of $797 million due to depreciation and asset impairments in the second quarter of 2025 [1].

Despite these challenges, Intel's stock has seen increased interest among Indian investors, with a 61.58% growth in investment value over the past 30 days and a 21% increase in search interest on INDmoney [4]. The stock's price target of $21.95, as predicted by analysts, suggests a slight upside of 6.13% compared to its current price of $20.68 [4].

References:
[1] https://stocktwits.com/news-articles/markets/equity/cramer-slams-intel-as-manufacturing-ambitions-falter/chr1CIbRd5E
[2] https://www.tweaktown.com/news/106974/president-trump-calls-meeting-with-intel-ceo-lip-bu-tan-at-the-white-house-successful/index.html
[3] https://www.investing.com/equities/intel-corp-consensus-estimates
[4] https://www.indmoney.com/us-stocks/intel-corporation-share-price-intc