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Why Intel Stock Powered Higher Today


Intel (NASDAQ: INTC) stock soared 25.1% through 9:55 a.m. ET Thursday, and it's no mystery why.

This morning, Intel announced that Nvidia (NASDAQ: NVDA) will invest $5 billion in Intel and help its former rival to "develop AI infrastructure and personal computing products" going forward.

Image source: Getty Images.

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Source Fool.com

Intel Corp. Stock

€85.11
7.710%
Intel Corp. dominated the market today, gaining €6.09 (7.710%).
Currently there is a rather positive sentiment for Intel Corp. with 47 Buy predictions and 24 Sell predictions.
However, we have a potential of -13.05% for Intel Corp. as the target price of 74 € is below the current price of 85.11 €.
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