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Why Intel Stock Is Soaring Today


(NASDAQ: INTC) stock is soaring Tuesday. The semiconductor company's share price was up 6.4% as of 3:45 p.m. ET amid the backdrop of a 1.2% rise for the S 500 and a 1.5% rise for the Nasdaq Composite.

Intel's valuation is surging today following a recently released market share report on the semiconductor industry. The stock is also getting a boost from macroeconomic and geopolitical dynamics that are supporting bullish momentum for the broader market.

Image source: Getty Images.

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Source Fool.com

Intel Corp. Stock

€31.49
1.760%
Intel Corp. gained 1.760% today.
Our community is currently low on Intel Corp. with 14 Buy predictions and 19 Sell predictions.
A potential of -26.95%, resulting from comparing the current price of 31.49 € with the target price of 23 € for Intel Corp., shows the chance of incurring significant losses.
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