Intel stayed in Terafab and Mizuho raised target for Intel stock

Published on 10/13/2026 at 12:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Intel revenue was USD 16.13 billion in the second quarter of 2026, up 25.42 percent. Intel stock costs EUR 90.32 on October 13, 2026 versus EUR 90.70.

Key points in brief

Intel stayed involved in the Terafab project while Mizuho raised its target from USD 92.00 to USD 114.00 on October 6, 2026.
Second-quarter 2026 revenue reached USD 16.13 billion, up 25.42 percent year over year.
Intel stock was EUR 90.32 at Lang & Schwarz on October 13, 2026, down 0.42 percent versus the October 12 Xetra close of EUR 90.70.
Intel is scheduled to report third-quarter 2026 results on October 29, 2026, after the US market close.

Extreme macro photograph of a CPU processor chip corner revealing the polished metallic heat spreader surface and dense rows of gold contact pins in a pin grid array, dramatic blue studio lighting — Intel Corporation US4581401001 zeigt eine extreme Makro-Nahaufnahme eines CPU-Chips mit goldenem Pin-Grid-Array, Illustration mit AI erstellt.

Intel stock (ISIN US4581401001) was trading at EUR 90.32 at Lang & Schwarz on October 13, 2026 at 12:25 p.m. CEST, down 0.42 percent versus the Xetra close of October 12, 2026 at EUR 90.70. Boerse Express reported on October 10, 2026 that CEO Lip-Bu Tan said Intel would remain involved in Elon Musk's Terafab project, while Mizuho had raised its target from USD 92.00 to USD 114.00 on October 6, 2026.

Terafab remains a strategic test

The Terafab project matters because Intel's 14A manufacturing process was expected to support the planned Texas complex. Discussions involving TSMC created uncertainty over the project's future technology mix, but Tan's position kept Intel's role in place, according to Boerse Express.

The operating backdrop is mixed. Intel reported USD 16.13 billion of revenue in the second quarter of 2026, up 25.42 percent from the same period a year earlier, while its operating profit was USD 1.80 billion and consolidated net income was a loss of USD 10.85 billion for that quarter, according to Intel.

What does the target increase imply?

Mizuho's move from USD 92.00 to USD 114.00 placed the analyst view above the current US-dollar market range cited by The Cerbat Gem. The same report described a Hold consensus with 20 Buy, 27 Hold, 2 Sell and 1 Strong Buy rating among 50 firms, alongside an average 12-month target of USD 109.06.

Three dated milestones frame Intel

On April 7, 2026, Intel joined the Terafab project, according to Boerse Express. On October 6, 2026, Mizuho lifted its target to USD 114.00 from USD 92.00. On October 10, 2026, Tan's continued support for the project was reported alongside the target revision.

Next date is October 29

Intel has scheduled its third-quarter 2026 results for October 29, 2026, after the regular US trading session, followed by an earnings call at 2:00 p.m. PDT. The release will give investors a fresh test of revenue growth, foundry losses and the commercial path for 14A.

Intel stock stays below the Xetra close

At Lang & Schwarz, Intel stock was trading at EUR 90.32 on October 13, 2026 at 12:25 p.m. CEST, down 0.42 percent versus the Xetra close of October 12, 2026 at EUR 90.70. The primary listing is on NASDAQ, where Intel's shares are quoted in USD.

The further course of trading is shown by the continuously updated real-time quote of Intel stock.