Why Intel Stock Is Soaring Today
Intel (NASDAQ: INTC) stock is soaring Tuesday. The semiconductor company's share price was up 6.4% as of 3:45 p.m. ET amid the backdrop of a 1.2% rise for the S&P 500 and a 1.5% rise for the Nasdaq Composite.Intel's valuation is surging today following a recently released market share report on the semiconductor industry. The stock is also getting a boost from macroeconomic and geopolitical dynamics that are supporting bullish momentum for the broader market.Image source: Getty Images.Continue reading
Intel (NASDAQ: INTC) stock is soaring Tuesday. The semiconductor company's share price was up 6.4% as of 3:45 p.m. ET amid the backdrop of a 1.2% rise for the S&P 500 and a 1.5% rise for the Nasdaq Composite.
Intel's valuation is surging today following a recently released market share report on the semiconductor industry. The stock is also getting a boost from macroeconomic and geopolitical dynamics that are supporting bullish momentum for the broader market.
Image source: Getty Images.
