Reported about 1 year ago
Intel's stock price surged 6.2% in Monday's trading session, driven by bullish coverage from analyst Ben Reitzes and anticipation surrounding upcoming processors that could boost the company's position in AI and gaming hardware. Reitzes identified Intel as a top AI play for the second half of 2024, citing potential demand from Microsoft's new Recall AI feature for Intel's Lunar Lake CPU line. Additionally, reports of Intel launching a new GPU for gaming in 2025 further fueled investor optimism about the company's expansion in the GPU market.
Source: YAHOO