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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

€31.78
0.110%
Intel Corp. gained 0.110% compared to yesterday.
Our community is currently low on Intel Corp. with 14 Buy predictions and 19 Sell predictions.
A potential of -27.62%, resulting from comparing the current price of 31.78 € with the target price of 23 € for Intel Corp., shows the chance of incurring significant losses.
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