Intel Corporation's NASDAQ: INTC stock price has jumped in recent trading sessions, accompanied by an increase in trading volume. The stock, currently trading around $24.62, has climbed by almost 10% in a single day and an impressive 27% over the past week.
Patrick Moorhead, Moor Insights CEO, joins 'Fast Money' to talk Intel's run higher.
Intel Corp (NASDAQ:INTC, ETR:INL) shares continued to move higher during Thursday's trading session following an analyst report that discussed a potential factory partnership between the company and chipmaker Taiwan Semiconductor Manufacturing Co (ADR) (NYSE:TSM) (TSMC). Shares of Intel added 8.5% at about $24, having gained more than 25% in the last five days.
Shares of Intel (INTC 9.05%) were up by 8.4% as of 1:45 p.m. ET Thursday after having gained as much as 10.5% earlier in the session.
The continued momentum for Intel's stock could force hedge funds to start buying. Plus, Intel's process technology is getting more respect.
In this video, I will talk about recent updates regarding Intel (INTC 9.34%). Watch the short video to learn more, consider subscribing, and click the special offer link below.
Intel Corp INTC stock is up over 15% over the past five days on the heels of Vice President JD Vance‘s artificial intelligence deregulation speech at the AI Action Summit in Paris.
Intel stock performed well over the last two days, climbing approximately 12% across Monday and Tuesday. Several factors have contributed to Intel's recent surge.
Intel is enjoying a strong three-day rally, fueled by a hospitable political climate and analyst commentary about its CPU business.
Intel's 4Q24 earnings showed a 7% YoY sales drop, but Network and Edge grew 10% YoY, indicating potential for future growth. Despite a small profit beat, Intel faces challenges in 2025 unless it makes strategic business decisions, possibly divesting parts of its portfolio. New high-performance CPUs and AI microchips could drive Intel's growth in 2025, with Panther Lake launches potentially boosting sales.
Intel (INTC 3.00%) stock is getting a lift Wednesday from some interesting commentary out of investment banker R.W. Baird.
Shares of Intel Corporation (NASDAQ: INTC) rose 8% on Tuesday after Vice President JD Vance said that the U.S. will safeguard American artificial intelligence and chip technologies from “theft and misuse” by its “adversaries,” making a veiled reference to China. (The stock closed up by just over 6%.