Why Intel Stock Soared 8.7% Today
Shares of Intel (NASDAQ: INTC) gained on Tuesday, finishing the day up 8.7%. The rise came as the S 500 and the Nasdaq Composite jumped 0.2% and 0.5%, respectively.
Intel's stock continued to climb today, driven by Friday's unconfirmed report that the chipmaker is set to begin manufacturing semiconductors for 's MacBook Air and iPad Pro.
On Friday, TF International analyst Ming-Chi Kuo claimed on X that Intel will supply Apple with its lower-end M processors, which power the iPad Pro and MacBook Air. The first shipments are expected as early as the second quarter of 2027.
Source Fool.com
Intel Corp. Stock
€53.17
0.780%
With 22 Buy predictions and 22 Sell predictions the community is currently undecided on Intel Corp..
The target price of 25 € compared with the current price of 53.17 € for the stock indicates a negative potential of -52.98%.
