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
85,65 €
-2,07 %
Leichtes Buy-Übergewicht bei der Intel Corp. Aktie mit 46 zu 24 Einschätzungen.
Das niedrigere Kursziel von 70 € im Vergleich zum aktuellen Kurs von 85.65 € für Intel Corp. führt zu einem negativen Potenzial von -18.27%.
