Intel (INTC) stock surges 18.8% due to AI focus and upcoming product launch

From Nasdaq: 2025-04-10 10:57:00

Intel Corporation (INTC) shares surged 18.8% to $21.53, with high trading volume. The company is focusing on AI, particularly AI PCs, and is developing the Panther Lake CPU for a 2025 launch. The recent U.S. Government decision on tariffs has boosted investor confidence in Intel.

Intel is expected to report break-even earnings per share, a 100% year-over-year change, with revenues at $12.28 billion, down 3.5%. Earnings estimate revisions can impact stock prices. Intel’s consensus EPS estimate has remained stable, so watch for future trends. The stock has a Zacks Rank of #3.

Nvidia (NVDA) saw a stock price increase of 18.7% to $114.33. The consensus EPS estimate for Nvidia is $0.93, up 52.5% from last year. With a Zacks Rank of #2 (Buy), Nvidia is showing positive growth potential. Check out Zacks’ list of 7 top stocks for potential early price pops.



Read more at Nasdaq: Intel (INTC) Moves 18.8% Higher: Will This Strength Last?