Stock Market Today, April 24: Intel Surges After Q1 Earnings Beat Expectations

Stock Market Today, April 24: Intel Surges After Q1 Earnings Beat Expectations

Intel (NASDAQ:INTC), pioneer of the microprocessor and producer of a range of other products, closed Friday at $82.55, up 23.61%. The stock jumped to a new record after a blowout Q1 earnings beat and strong guidance. Investors are watching how sustainably AI server and data center demand supports future growth.Trading volume reached 264 million shares, about 147% above its three-month average of 106.7 million shares. Intel IPO'd in 1980 and has …

US Stocks Mixed As Intel Soars 23.6%: Unprecedented Semiconductor Rally Shakes Markets

BitcoinWorld US Stocks Mixed as Intel Soars 23.6%: Unprecedented Semiconductor Rally Shakes Markets The three major U.S. stock indices closed mixed today, with the S&P 500 and Nasdaq posting gains while the Dow Jones Industrial Average slipped into negative territory. In a dramatic session, Intel (INTC) soared 23.6%, becoming the top performer among components of the Philadelphia Semiconductor Index. This surge underscores a broader semiconduct…

Intel shares surge 21% on earnings beat to drive semiconductor rally

Intel’s stock surged more than 21% on Friday after the chipmaker reported first-quarter earnings that beat Wall Street estimates and raised its outlook,