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Intel shares closed above $60 Thursday, hitting their highest point since April 2021.
Intel shares have surged 50% in 10 days, reaching their highest level since April 2021.
KEY POINTS
- 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
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