Intel, NVIDIA
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Shares of Intel ( INTC 5.53%) are moving higher on Friday, up 5.5% as of 12:50 p.m. ET. The jump comes as the S&P 500 ( ^GSPC 0.56%) was up 0.3% and the Nasdaq Composite ( ^IXIC 0.31%) was flat.
Not that long ago, it was hard to find people who were excited about Intel’s stock. But these days, even skeptics are finding it difficult to look away, with President Donald Trump's recent endorsement,
CEO Lip-Bu Tan has attracted significant commitments in recent weeks. SoftBank invested $2 billion, the U.S. government took a 10% stake, and Nvidia (NASDAQ:NVDA) pledged $5 billi
Intel (INTC) shares have increased by 6.4% in just one day. The stock also remains up by about 25% since mid-September. The gains are driven in part by Nvidia’s move to invest $5 billion into Intel. Besides this,
Stock futures were little changed ahead of an important U.S. inflation reading Friday, although shares of furniture and home goods retailers pulled back sharply after President Donald Trump unveiled new tariffs.
Intel stock has soared on the hopes of external backing but Seaport Research analyst Jay Goldberg is skeptical.
Barchart on MSN
As Intel Pops on Potential Apple Stake, Options Data Tells Us INTC Stock Could Be Headed Here Next
Intel stock rallies further on reports the chipmaker has approached Apple for a strategic investment. But it may not be the lifeline that INTC shares so desperately needs.
Investor's Business Daily on MSN
Intel Stock Rises As Trump Steps Up Efforts To Reshore Chip Manufacturing
The Trump administration might mandate an equal ratio of domestically manufactured semiconductors to imported chips. Intel stock rose on the news.
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