UBS: Intel shows signs of turning point, US government investment may promote optimistic scenario.

UBS analysts stated in a research report that troubled Intel has shown early signs of turning the tide, with Broadcom, Nvidia and Apple all showing interest in Intel's products. The analyst wrote, "If the US government pushes these companies to cooperate more quickly with Intel on foundry services, then an optimistic scenario may materialize. This may be part of a broader effort to create a 'US semiconductor manufacturing company.'" UBS remains "moderately optimistic," believing that Intel's stock price could rise to $40 per share, but also pointed out that "a lot of things need to happen," and that the stock price increase "will occur over a longer time frame."