Chip manufacturing giant Intel Corporation received a price target hike from investment bank Mizuho earlier today. Mizuho upgraded Intel's share price target to $23 from $20 and kept a Neutral rating on the stock. Intel's shares currently trade for $23, and in its investment note, the bank outlines several key factors revolving around Intel's valuation. It notes that a takeover by Intel or a spin-off of some business divisions to Broadcom have their own set of difficulties. Yet, the bank notes that Intel stands to benefit from the Trump administration's eagerness to bring AI chip manufacturing back to the US. […]