# Intel shares closed above $60 Thursday, hitting their highest point since April 2021.

*business · news · 2026-04-09 · The Oregonian*

## Key points

- Intel shares have surged 50% in 10 days, reaching their highest level since April 2021.
- Intel has not yet secured any clients for its contract manufacturing business, a key future strategy.
- Intel began shipping its 18A chip generation in early 2026, easing investor concerns about competitiveness.
- Intel will collaborate with Elon Musk’s companies on chips for A.I., self-driving cars, and space tech.
- Intel received billions in investment from the federal government, Nvidia, and SoftBank in late 2025.

**Companies:** Intel, Nvidia, SoftBank
**Countries:** United States, Ireland

[Read the full story on The Oregonian](https://www.oregonlive.com/silicon-forest/2026/04/intel-shares-are-up-50-in-10-days-to-highest-point-in-5-years.html)

---

Canonical: https://newsio.io/n/83eb1648-f990-4e2a-901f-230ec92a3efe/intel-shares-closed-above-60-thursday-hitting-their-highest-point-since-april-20
Summarized by Newsio from The Oregonian. https://newsio.io/how-it-works