Intel (INTC) shares surged after the company reported a $4.1 billion net income for Q3, a significant improvement from last year. Microsoft (MSFT) is reportedly using INTC’s chips for its AI technology. Options data suggest potential upside for INTC shares, with a consensus “Hold” rating from Wall Street analysts.

Read more at Barchart: Intel Stock Pops on Estimate-Beating Q3. Options Data Tells Us INTC Could Be Headed Here Next.