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Why Intel Stock Rocketed Higher on Thursday

TheMotleyFool 
0 0 18.06.26
Why Intel Stock Rocketed Higher on Thursday: https://g.foolcdn.com/editorial/images/875245/a-computer-chip-embedded-in-a-circuit-board-with-the-letters-ai-embossed-on-the-top.jpg
 

Shares of (NASDAQ: INTC) climbed sharply higher on Thursday, gaining as much as 11.8%. As of 10:46 p.m. ET, the stock was still up 7.1%.

The catalyst that sent the semiconductor specialist higher was a report that the chipmaker had secured an important deal with a major tech player.

Image source: Getty Images.

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Source Fool.com

Intel Corp. Stock

€87.92
1.590%
Intel Corp. gained 1.590% today.
Our community is currently high on Intel Corp. with 46 Buy predictions and 24 Sell predictions.
On the other hand, the target price of 70 € is below the current price of 87.92 € for Intel Corp., so the potential is actually -20.38%.
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