Why Intel Stock Is Surging Today
Intel(INTC) The Motley Fool·2024-09-26 01:45
Intel stock is down 53% in 2024 -- is it poised for a big comeback?Intel (INTC 2.76%) stock is gaining ground Wednesday following the unveiling of two new artificial intelligence (AI) products. The company's share price was up 3.5% as of 12:30 p.m. ET. The semiconductor stock had been up as much as 5.5% earlier in the day. Yesterday, Intel launched its Xeon 6 central processing unit (CPU) and its Gaudi 3 AI accelerator. The new chips are central to the next stages of the company's strategy to gain ground in ...