INTC is trading at $43.59 (+8.87%) following a strong chip sector rebound and the unveiling of its new Panther Lake processors at CES.
- The new Panther Lake processors utilize Intel's advanced 18A U.S.-made technology.
- This technology promises 60% better multithread performance and enhanced AI capabilities.
- The broader chip sector is rallying on AI infrastructure rotation, with peers like Micron (+10%) and Texas Instruments (+8.4%) also seeing strong gains.