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Why Intel Stock Popped on Friday

TheMotleyFool 
0 0 15.08.25
Why Intel Stock Popped on FridayPhoto, wide shot, wide-angle lens, soft focus, Networking equipment supplier, sunset photo at golden hour, photo by Art Wolfe: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-LvyAFCAMshu3rGBke5G5gxuI.png?st=2023-05-10T15%3A37%3A29Z&se=2023-05-10T17%3A37%3A29Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-10T02%3A36%3A27Z&ske=2023-05-11T02%3A36%3A27Z&sks=b&skv=2021-08-06&sig=nXxCmLby4SxAAd/YtNVxZStdXrs9BCydapQDQaR/oac%3D
 

(NASDAQ: INTC) stock jumped 3.7% through 3:15 p.m. ET Friday after Bloomberg reported the U.S. government may want to "help Intel build out its planned chip complex in Ohio."

And by "help," I mean "invest billions of dollars in Intel stock." 

Image source: Getty Images.

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Source Fool.com

Intel Corp. Stock

€87.46
10.760%
Intel Corp. dominated the market today, gaining €8.50 (10.760%).
Currently there is a rather positive sentiment for Intel Corp. with 46 Buy predictions and 24 Sell predictions.
However, we have a potential of -19.96% for Intel Corp. as the target price of 70 € is below the current price of 87.46 €.
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