Why Is Intel Stock Soaring Today ?
Shares of Intel (NASDAQ: INTC) are jumping on Thursday, up 3.5% as of 2:13 p.m. ET. The jump comes as the S 500 (SNPINDEX: ^GSPC) was flat and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4%.
The chipmaker's stock is still gaining after yesterday's report that Intel is in talks with Advanced Micro Devices (AMD) to add the fellow chipmaker as a customer. Semafor reported, "According to people familiar with the matter," Intel could soon manufacture semiconductors for its sometime rival, though the talks are "early."
Source Fool.com
Intel Corp. Stock
€39.17
7.370%
With 21 Buy predictions and 22 Sell predictions the community is currently undecided on Intel Corp..
This results in a negative potential of -36.18% based on a current price of 39.17 € and a target price of 25 € for the stock.
