URL has been copied successfully!
Intel Corp (NASDAQ:INTC) shares are surging on Wednesday. The stock rose as much as 7.59% during the session. It touched a fresh 52-week high of $94.06.
The Nasdaq is up 0.33% while the S&P 500 has shed 0.05%.
• Intel stock is approaching key resistance levels. What’s driving INTC to record levels?
This follows a 24% jump last Friday. Momentum continues from a blowout first-quarter 2026 earnings report.
Investors are responding to aggressive analyst upgrades and crushed expectations.
AI Demand Supercharges Results
CEO Lip-Bu Tan emphasized that AI demand is driving growth. The shift toward inference and agentic AI increases CPU needs.
Intel reported adjusted earnings per share of 29 …
Please follow us:
This post was originally published here
