Download the app
App StorePlay Store
Beige
Login
← All tags

intel

Intel shares jump 28% to record high as AI demand and Nvidia push valuation to new heights

Intel shares jump 28% to record high as AI demand and Nvidia push valuation to new heights

Intel stock surged nearly 28% in a single session, pushing the company above $80 to record highs. The move reflects explosive AI-driven demand, reinforced by strong Nvidia support. A stake said to have been entered near $20 per share in August 2025 is now worth about $36 billion, alongside Intel expanding AI chip production and foundry services tied to U.S. supply-chain priorities.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dow crashes 150 points as Nasdaq rockets on Intel’s AI earnings surge

Dow crashes 150 points as Nasdaq rockets on Intel’s AI earnings surge

US markets moved sharply in opposite directions: the Dow slid over 150 points while the Nasdaq rose nearly 0.9% and the S&P 500 held steady gains. The shock came from Intel’s more-than-25% surge after strong earnings, fueled by AI data-center demand and a near-10% weekly run in semiconductors. Rising oil above $100 from Iran tensions weighed on industrials, while consumer sentiment stayed near record lows.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Your news, in seconds

App StorePlay Store
Qualcomm shares jump 8 percent before April 29 earnings can the rally last

Qualcomm shares jump 8 percent before April 29 earnings can the rally last

Qualcomm’s stock surged more than 8% as investors piled into semiconductors after strong Intel earnings and improving industry sentiment. Still, the rally’s durability hinges on Qualcomm’s April 29 report, where investors will weigh demand signals against lingering smartphone weakness and memory constraints. The next update could determine whether momentum continues or fades.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
US chipmakers surge to record highs as Intel forecasts stoke AI spending optimism

US chipmakers surge to record highs as Intel forecasts stoke AI spending optimism

American chip stocks hit fresh record highs as Intel’s strong revenue forecast fueled confidence in the AI boom. The broader semiconductor sector followed with notable earnings momentum, lifting names like AMD and Arm. Even Nvidia, the world’s most valuable company, rose—signaling investors’ belief that demand for AI infrastructure will keep accelerating.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Intel stock jumps 24% as AI chip demand sparks a dramatic turnaround

Intel stock jumps 24% as AI chip demand sparks a dramatic turnaround

Intel shares surged more than 24% after results topped expectations, driven by renewed AI-led demand for its CPUs. The momentum was strong enough to include sales of chips previously written off. With Intel’s market value crossing $416 billion, the rally also lifted peers like AMD and Arm, signaling growing optimism that CPUs could regain key roles in AI workloads.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
US stocks rise as Intel profits surge and Iran talks hopes lift Wall Street trading today

US stocks rise as Intel profits surge and Iran talks hopes lift Wall Street trading today

US stocks opened higher as Intel’s sharp profit surge fueled technology gains, pulling the S&P 500 close to an all-time high. Optimism around potential US-Iran talks added support, even as oil prices stayed volatile. Strong results from Procter & Gamble also helped, while Charter Communications slid after reporting weaker performance.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Never miss a story

App StorePlay Store
Dow Jones tumbles as Nasdaq rockets higher in sharp US futures split

Dow Jones tumbles as Nasdaq rockets higher in sharp US futures split

US stock futures are flashing a split signal: Dow Jones futures fall while Nasdaq climbs nearly 1% and S&P 500 edges up. The rebound is being powered by strong earnings, with Intel surging after beating forecasts, alongside accelerating AI-driven demand and fresh defense momentum from an F-16 contract. Still, oil and trade risks keep investors selective.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Intel shares surge 19% after AI chip forecast tops expectations

Intel shares surge 19% after AI chip forecast tops expectations

Intel’s upbeat Q2 outlook, powered by strong demand for AI-focused server chips, beat expectations and lifted investor confidence. The company forecast revenue of $13.8–$14.8 billion and also delivered better-than-expected earnings guidance. Shares jumped about 19% in extended trading, adding roughly $64 billion in market value, as CEO Lip-Bu Tan pushes a turnaround plan of cost cuts, asset sales, and partnerships.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Intel shares jump as AI demand lifts results and forecasts signal recovery

Intel shares jump as AI demand lifts results and forecasts signal recovery

Intel’s shares surged after the US chipmaker beat earnings expectations, offering a potential turnaround. Even as it posted a reported loss, revenue rose and management signaled further growth ahead. CEO Lip-Bu Tan tied the momentum to the AI revolution, citing strengthening demand for Intel processors, including for local network processing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Vaishnaw marks historic Odisha semiconductor plant launch with Intel and Lockheed Martin backing

Vaishnaw marks historic Odisha semiconductor plant launch with Intel and Lockheed Martin backing

Union minister Ashwini Vaishnaw hailed the foundation laying of a semiconductor plant in Odisha as a historic turning point. The project is expected to strengthen the state’s semiconductor ecosystem and accelerate advanced electronics manufacturing. Investors include global firms such as Intel and Lockheed Martin. Odisha is also widening its industrial base beyond metals and minerals to build an IT and tech-driven future.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

Reading on mobile?

App StorePlay Store
Tesla picks Intel 14A chips for Terafab project as Musk eyes data centers and robotics

Tesla picks Intel 14A chips for Terafab project as Musk eyes data centers and robotics

Tesla is set to use Intel’s advanced 14A chip manufacturing technology for its Terafab project, marking Intel’s first key customer for the 14A process. Intel expects the win to strengthen confidence in its next-generation manufacturing roadmap as it looks for more chipmaking clients. For Elon Musk, the partnership supports ambitions in robotics and data centers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Elon Musk unveils Terafab AI chip plan using Intel 14A in Texas

Elon Musk unveils Terafab AI chip plan using Intel 14A in Texas

Elon Musk says Tesla’s Terafab AI chip project in Texas will use Intel’s 14A process. The planned complex, beginning early research fab construction at Giga Texas, targets chips for Tesla vehicles, Optimus robots, and AI data centers. If timelines hold, it signals Tesla’s push to control its compute supply for both products and future AI workloads.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Page 1

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.

Download on the App StoreGet it on Google Play