# Intel Corp. shares rose modestly in morning trading Tuesday, gaining more than 2% to $67.03.

*semiconductor · news · 2026-04-21 · International Business Times*

## Key points

- Intel regained full control of Fab 34 by buying Apollo's 49% stake for $14.2 billion.
- Intel's new multi-generation AI partnership with Google targets optimized cloud and AI infrastructure using Xeon CPUs.
- Intel is involved in Elon Musk's Terafab project and agentic AI with SambaNova using Xeon 6.
- Year-to-date, Intel shares have risen as much as 85%, surpassing valuation estimates and increasing volatility.
- The market is anticipating an 8-12% move in Intel stock post-earnings based on options activity.

**Companies:** Intel Corp.
**Countries:** United States, Ireland

[Read the full story on International Business Times](https://www.ibtimes.com/intel-stock-climbs-2-early-trading-ahead-pivotal-q1-earnings-report-3801623)

---

Canonical: https://newsio.io/n/fe0632c6-d979-4b4a-8f27-3610810e7546/intel-corp-shares-rose-modestly-in-morning-trading-tuesday-gaining-more-than-2-t
Summarized by Newsio from International Business Times. https://newsio.io/how-it-works