Book Profits In Intel Stock After 25% Surge?
Intel (INTC) shares have increased by 6.4% in just one day. The stock also remains up by about 25% since mid-September. The gains are driven in part by Nvidia’s move to invest $5 billion into Intel. Besides this, the two companies announced a collaboration to jointly develop multiple generations of custom data center and PC products for hyperscale, enterprise, and consumer markets. The deal likely gave investors some renewed confidence in Intel’s technological relevance, especially in AI infrastructure spac ...