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UBS analysts stated in a research report that struggling Intel (INTC.O) has shown early signs of a turnaround, with Broadcom, Nvidia, and Apple all showing interest in Intel's products. The analysts wrote, "If the US government pushes these companies to collaborate faster with Intel in foundry services, the optimistic scenario may come true. This may be part of a broader effort to create a 'US semiconductor manufacturing company'." UBS maintains a "moderate level of optimism" that Intel's stock price could rise to $40 per share, but also noted that "many things need to happen" and the stock price increase "will occur within a longer time frame".