Why Intel Rallied in September
Shares of (NASDAQ: INTC) rallied 37.8% in September, according to data from S&P Global Market Intelligence.
Intel had already experienced a momentous month in August after the U.S. government converted its CHIPS Act grant money into roughly a 9% equity stake, while Japanese tech giant Softbank invested another $2 billion.
Those investments, while notable, were dwarfed in significance by last month's $5 billion investment from AI leader Nvidia (NASDAQ: NVDA), which also came along with an announcement of two key product partnerships.
Source Fool.com
Intel Corp. Aktie
32,12 €
1,20 %
Mehr Sell- als Buy-Zahlen bei Intel Corp. zeigen ein leicht negatives Sentiment.
Ein Kursziel von 23 € für Intel Corp. könnte zu einer Minderung von mehr als 20% gegenüber dem aktuellen Kurs von 32.12 € führen.
