Why Intel Stock Soared 8.7% Today
Shares of Intel (NASDAQ: INTC) gained on Tuesday, finishing the day up 8.7%. The rise came as the S 500 and the Nasdaq Composite jumped 0.2% and 0.5%, respectively.
Intel's stock continued to climb today, driven by Friday's unconfirmed report that the chipmaker is set to begin manufacturing semiconductors for 's MacBook Air and iPad Pro.
On Friday, TF International analyst Ming-Chi Kuo claimed on X that Intel will supply Apple with its lower-end M processors, which power the iPad Pro and MacBook Air. The first shipments are expected as early as the second quarter of 2027.
Source Fool.com
Intel Corp. Stock
€35.56
2.430%
Our community is currently low on Intel Corp. with 14 Buy predictions and 18 Sell predictions.
A potential of -38.13%, resulting from comparing the current price of 35.56 € with the target price of 22 € for Intel Corp., shows the chance of incurring significant losses.
