INTC is trading at $50.37 (+3.20%) amid reports of resurfaced talks for foundry work with Apple and Nvidia, sparking a relief bounce after recent volatility.
- This positive movement builds on earlier 2026 momentum related to AI chip launches and investments.
- Shares are up sharply year-to-date, reflecting persistent investor optimism despite execution challenges.
- The broader market is mixed, but Intel's move aligns with sensitivity to positive foundry news.