Analyst: Intel's spinoff could be worth over $237 billion.

Evercore analyst Mark Lipacis noted that if Intel were to spin off its business, it could be worth more than $237bn, or $54.18 per share, based on "stronger financial performance forecasts" for each of Intel's components. However, such a deal would also face challenges. While not during the period of the Federal Trade Commission under Lina Khan, antitrust and other regulatory issues would still be important considerations. Still, such a potential windfall could still attract some companies to try to make the deal happen. Even without a spinoff, Intel still has some potential positives. Reports suggest that its Celestial graphics processor (GPU) could perform better than Battlemage, even threatening AMD and Nvidia. Moreover, the Celestial series of GPUs could use Intel's own manufacturing process, rather than relying on TSMC. Intel's 18A node process also cannot be ignored. Intel's chief engineering project manager Joseph Bonetti said that the 18A node would provide everything Intel needed to get back on top. He believed that giving Intel's process control to TSMC would be a "terrible, frustrating mistake." At present, Wall Street analysts have a consensus rating of "Hold" for Intel stock, based on 1 buy, 27 holds and 5 sells in the past 3 months, with an average target price of $22.67.