Intel (INTC) Stock Trades Up, Here Is Why
From StockStory: 2025-02-18 12:51:48
Shares of Intel (NASDAQ: INTC) surged 10.5% after reports of discussions with Broadcom and TSMC to sell assets, with Broadcom eyeing product business and TSMC looking at factories. Investors anticipate value unlocking. Intel’s shares have been volatile, with 23 moves over 5% in the past year. The company recently secured government grants for semiconductor chip facilities in the US. The stock is up 28.8% this year but still 43.6% below its 52-week high. The global AI race intensifies, benefiting Intel and US innovators. Are there opportunities in the semiconductor market due to AI advancements?
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