** Chipmaker Intel's INTC.O shares rise 2.6% to $130.29

** HSBC raises PT to street high of $200 from $100, implying a 57.5% upside to stock's last close

** Brokerage says co is "well-positioned to deliver upside to 2026/27 server CPU shipments, driven by internal foundry capacity reallocation"

** HSBC notes that INTC is emerging as leading alternative to TSMC 2330.TW, considering Taiwanese chipmaker's additional 3nm capacity will come online "only in 2H27"

** Average rating of 39 analysts is "hold;" their median PT is $90 - data compiled by LSEG

** INTC has more than tripled this year