Why Intel Stock Is Rallying Again Today

Shares of Intel (NASDAQ: INTC) were outperforming on Wednesday, with the stock up as much as 5.6% before pulling back to a 3.2% gain as of 12:08 p.m. today as the broader market sold off.Intel shares have been on a tear over the past month, after the U.S. government, SoftBank, and then Nvidia all invested in the chipmaker, giving it much-needed votes of confidence as it ramps up its all-important 18A node.Then today, the company got even better news from another outside party in the form of Micron, which announced its fourth-quarter earnings last night.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool