Reported 1 day ago
Intel's stock surged on Monday following a meeting between CEO Lip-Bu Tan and President Trump, who had previously called for Tan's resignation. Trump praised the meeting on social media and indicated that further discussions would take place. Intel acknowledged the meeting and emphasized its commitment to enhancing U.S. technological leadership. The stock rose by 3.5% during the day and continued to increase in after-hours trading, as investors responded positively to the news, marking a notable rebound for the company amidst past challenges.
Source: YAHOO