Predicting Intel's Value by 2030 Could Make It Worth a Look Right Now

Intel shares have fallen 19% since the start of July, and the stock took another hit after Piper Sandler reiterated a “neutral” rating. In response, analyst David O’Connor set a $110 price target, implying roughly 7% upside from current levels. The article, however, argues for a longer view through 2030, citing improving server CPU demand tied to AI data centers for inference and “agentic” AI workloads. It points to a shift in industry CPU-to-GPU needs toward a 1:1 ratio versus earlier 1:4 or 1:8 chatbot setups, alongside a reported six-month server CPU backlog. It also references Bank of America expecting near 5x growth in the server CPU TAM to over $170 billion by 2030.