UBS analysts stated in a research report that struggling Intel (INTC.O) has begun to show early signs of reversing its fortunes, with Broadcom, Nvidia, and Apple all expressing interest in Intel's products. The analysts wrote: "If the US government encourages these companies to accelerate their collaboration with Intel on foundry services, an optimistic scenario could materialize. This could be part of a broader initiative to establish an 'American semiconductor manufacturing company.'" UBS maintains "some degree of optimism," believing Intel's stock price could potentially rise to $40 per share, though the firm also notes that "many developments need to occur" and the upward movement "will unfold over a longer time horizon."
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