Stock Market Today: Intel Climbs as White House Mulls Strategic Stake in Chipmaker

Intel (NASDAQ: INTC) surged 7.4% on Thursday to close at $23.86, with trading volume roughly doubling its 3-month average. The rally followed reports that the Trump administration is in talks to take a financial stake in the company. The move would support Intel's Ohio manufacturing project and signal renewed federal backing.The broader market traded flat. The S&P 500 inched up 0.03%, while the Nasdaq Composite dipped by 0.01%. Despite the lukewarm performance of major indexes, semiconductor stocks showed relative strength amid fresh policy momentum.Intel outpaced peers in the chip space. Nvidia (NASDAQ: NVDA) rose 0.3% to $182.02, while Broadcom (NASDAQ: AVGO) gained 0.7% to close at $311.23. While both firms have enjoyed consistent gains this year, Intel's surge stood out amid growing speculation that a U.S. government partnership could reshape its future.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool