Intel Soars 10%, AMD Jumps 8%, Broadcom Rises 6% as Chip Stocks Ride a Risk-On Rally
Bank of America says the buildout now spans compute, memory, networking and chip equipment, with nine Buy-rated semiconductor stocks offering at least 30% upside.
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Intel Soars 10%, AMD Jumps 8%, Broadcom Rises 6% as Chip Stocks Ride a Risk-On Rally
Semiconductor stocks are ripping higher midday Tuesday as a broad risk-on tape lifts the entire chip complex. Intel (NASDAQ:INTC) stock leads with a double-digit jump, while Advanced Micro Devices (NASDAQ:AMD) and Broadcom (NASDAQ:AVGO) are also posting outsized gains. Intel stock is up 10% to $99.74, AMD shares are up 8% to $522, and Broadcom shares ... Intel Soars 10%, AMD Jumps 8%, Broadcom Rises 6% as Chip Stocks Ride a Risk-On Rally
Hyperscaler Capex Seen At $1.2T: Nine Chip Stocks To Watch - Intel (NASDAQ:INTC), Broadcom (NASDAQ:AVGO)
Big Tech's AI infrastructure bill keeps getting larger. Bank of America sees hyperscaler capex topping $1.2 trillion over the next 12 months, creating another potential tailwind for nine Buy-rated semiconductor stocks.
Intel to post its first annual profit since 2023 next year: find out more
Intel (INTC) shares have surged 10% on Tuesday. The semiconductor company's stock has staged a dramatic comeback in 2026 – currently trading at more than 2x its price at the start of this year. However, despite recent technological advancements and foundry wins, the company has yet to hit a significant operational milestone: achieving GAAP annual profitability. For those sticking with INTC stock, though, the good news is that the semiconductor g…
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