11:10 AM EDT, 09/18/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We up our 12-month target to $35 from $24, on a higher revised P/E of 24x our 2027 EPS estimate, well above historical/peers. NVDA announced a $5B investment stake in INTC (purchased at $23.28) and greater collaboration whereby the two will co-develop products together. On the data center front, NVLink will integrate NVDA's Arm-based GPUs and INTC's x86 ecosystem. On PCs, INTC will integrate NVDA's RTX GPUs with its x86 CPUs. Timing of product releases remains to be seen, but on the surface, the NVDA investment should be viewed as a vote of confidence for INTC investors. The expanded partnership is solely for products, which has completely missed the AI boat, and we question whether this will significantly improve INTC's data center prospects (NVDA will still push its Arm-based CPU offerings) and drive earnings upside. That said, we do believe it does set up the prospects for NVDA to eventually leverage INTC's foundry business as INTC desperately seeks a major external partner. We would avoid chasing shares.