Reported about 18 hours ago
Intel's shares reached an 18-month high following a strong profit report that exceeded Wall Street forecasts, indicating positive progress in its turnaround strategy. CEO Lip-Bu Tan highlighted the rising demand for AI as a key opportunity for the company. As the stock trends upward, analysts point to a potential bullish target of $49, with critical support levels identified at $36, $32, and $29 for future reference.
Source: YAHOO