Intel Rises 3% as BofA Lifts CPU Market Forecast to $210 Billion by 2030
Updated
Updated · Yahoo Finance · Aug 13
Intel Rises 3% as BofA Lifts CPU Market Forecast to $210 Billion by 2030
3 articles · Updated · Yahoo Finance · Aug 13
Summary
Intel shares gained 3% Thursday after Bank of America raised its long-term global CPU market forecast to $210 billion by 2030, up from $170 billion.
Bank of America said AI is shifting from model training—where GPUs dominate—toward inference, a stage that could drive stronger demand for conventional processors.
Vivek Arya estimates the revised outlook implies roughly 36% annual growth over the next four to five years, with the GPU-CPU mix moving closer to an even split.
That transition could favor Intel because its core business is centered on CPUs used in data centers and other computing markets.