D.A. Davidson raised Intel's target share price from $77 to $100, and J.P. Morgan raised Intel's target price from $45 to $85. Intel's business continued to improve, and earnings for the second fiscal quarter were far better than investors' expectations. Intel's revenue for the fiscal quarter ending June was US$16.1 billion, up 25% from the same period last year and 11% higher than analysts' expectations.

D.A. Davidson raised Intel's target share price from $77 to $100, and J.P. Morgan raised Intel's target price from $45 to $85. Intel's business continued to improve, and earnings for the second fiscal quarter were far better than investors' expectations. Intel's revenue for the fiscal quarter ending June was US$16.1 billion, up 25% from the same period last year and 11% higher than analysts' expectations.