Intel stock rallied, closing up 4.87% on February 6, driven by strong demand and confirmed pricing power in its data center division, largely fueled by rapid AI adoption.
- Management confirmed applying price increases of over 10% generally across server products in the region due to stronger-than-expected demand.
- A Reuters report highlighted significant supply constraints, with Intel warning Chinese customers of delivery lead times up to six months for server processors.
- Sentiment was also boosted by speculation regarding limited foundry partnerships with tech giants like Apple and Nvidia.