Why Is Intel Stock Soaring Today ?

Shares of Intel (NASDAQ: INTC) are jumping on Thursday, up 3.5% as of 2:13 p.m. ET. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) was flat and the Nasdaq Composite (NASDAQINDEX: ^IXIC) gained 0.4%.The chipmaker's stock is still gaining after yesterday's report that Intel is in talks with Advanced Micro Devices (AMD) to add the fellow chipmaker as a customer. Semafor reported, "According to people familiar with the matter," Intel could soon manufacture semiconductors for its sometime rival, though the talks are "early."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool