Why Intel Stock Is Rallying Again Today
Shares of (NASDAQ: INTC) were outperforming on Wednesday, with the stock up as much as 5.6% before pulling back to a 3.2% gain as of 12:08 p.m. today as the broader market sold off.
Intel shares have been on a tear over the past month, after the U.S. government, , and then Nvidia all invested in the chipmaker, giving it much-needed votes of confidence as it ramps up its all-important 18A node.
Then today, the company got even better news from another outside party in the form of Micron, which announced its fourth-quarter earnings last night.
Source Fool.com
Intel Corp. Stock
€40.68
-0.170%
With 23 Buy predictions and 22 Sell predictions the community is currently undecided on Intel Corp..
However, we have a potential of -38.54% for Intel Corp. as the target price of 25 € is below the current price of 40.68 €.
