Intel stock is in a parabolic move, and a rare pattern points to a surge to $82

Intel stock price has staged a strong comeback this year and is now hovering near its all-time high. It soared to $62.40, up by over 245% from its lowest level last year, bringing its market capitalization to over $313 billion.

Intel stock has soared as numerous catalysts converged

INTC stock has rebounded in the past few months as the turnaround under Lip-Bu Tan continued.

Tan took over a company that had been mismanaged for years, and through several strategies, including help from NVIDIA, Softbank, and the White House, has turned it into the hottest company in Wall Street today.

These investments have paid in a big way, with the government’s stake being worth $27 billion, three times what it paid for last year.

The recent surge happened after the company agreed to pay $14 billion to buy back half of a plant in Ireland that it had sold to Apollo Global Management. 

Intel will pay for the transaction using a combination of cash and debt, and is a sign that the company is making progress in its turnaround strategy.

The company then announced that it would team up with Elon Musk to develop the Terafab project for Tesla, SpaceX, and xAI. On top of this, the company announced that Google had agreed to use its Xeon processors for data centers.

Intel published mixed financial results 

The most recent results showed that Intel’s business remained under pressure in 2025 as the company’s challenges remained.

Its revenue dropped by 4% in the fourth quarter to $13.7 billion. Its gross margin rose to 37.9%, while its earnings per share (EPS l) rose to $0.15, up by $0.02 from a year earlier. The three numbers were significantly better than ita guidance.

Intel’s main challenge is that it has been significantly behind in the areas it dominated the market in. It has lost market share to AMD in the CPU industry, a trend that may continue in the foreseeable future, especially as NVIDIA prepares to launch similar products.

Intel has also lost market share in the GPU industry, a sector where NVIDIA dominates, and one where AMD is slowly gaining market share.

At the same time, investors have questioned its large investments in the fabrication industry, which requires billions of dollars in investments. Intel is building a huge plant in the US, where it is taking advantage of Joe Biden’s CHIPS Act. In contrast, AMD and NVIDIA have thrived by using Taiwan Semiconductor to manufacture their chips.

Analysts expect that Intel’s business will start to grow this year. Its annual revenue is expected to grow by just 1.76% to $53.7 billion, followed by 7.5% next year to $57 billion.

INTC stock price technical analysis 

Intel stock price | Source: TradingView 

The weekly timeframe chart explains why the Intel stock price has soared this year. It formed a triple-bottom pattern at $18.55 and a neckline at $27.43, its highest point in February last year. A triple-bottom is one of the most common bullish continuation signs in technical analysis.

The stock then formed a cup-and-handle pattern whose upper side was at $50. By subtracting $18.55 from $50, we see the cup has a depth of $31.5.

Adding this depth to the upper side brings the target to $82.1, which is about 32% above the current level.