Intel has been a struggle for investor patience for the past decade, missing the AI boom, losing ground to rivals like Taiwan Semiconductor and Nvidia, and investing billions in a foundry business that few outside customers wanted to touch. The chipmaker's CEO, Lip-Bu Tan, took over in 2025 and the stock more than tripled off last year's lows. Following Intel's Q1 earnings report, the company posted revenue of $13.6 billion, up 7% year over year and roughly $1.3 billion above the Wall Street consensus. However, UBS analyst Timothy Arcuri raised his price target on Intel to $83 from $65 and kept his Neutral rating. Despite this, the bank still won't tell clients to buy.