New York, Feb 7, 2026, 19:16 EST — The market has closed.
Intel shares finished Friday’s session 4.9% higher at $50.59, giving the stock some momentum heading into a new week, as two recent company-related headlines loom. After the bell, the price barely budged. 1
Chip stocks roared back, shrugging off recent weakness as bets on AI-driven data-center spending picked up again. Amazon and Alphabet flagged bigger capital expenditures—more money flowing into gear and infrastructure—which helped power the rebound. The PHLX semiconductor index jumped 5.7%. “There’s real demand for AI products,” noted Ross Mayfield, investment strategy analyst at Baird. 2
This is significant for Intel, since the AI push isn’t limited to GPUs — those graphics chips that handle much of the training. Servers still require CPUs, the workhorse processors for regular computing, and investors are watching closely for evidence that “traditional compute” demand could outperform expectations.
Before U.S. markets got going, Reuters reported that Intel and Advanced Micro Devices had notified Chinese customers of tighter server CPU supply, citing sources familiar with the delays. Intel’s delivery lead times are stretching out to as long as six months. That squeeze has lifted Intel’s server CPU prices in China by more than 10%, the report said. China pulls in over 20% of Intel’s total revenue. According to Intel, surging AI demand is fueling appetite for “traditional compute.” The company expects supply to get better in the second quarter. 3
After the close, news broke that Vista Equity Partners is fronting a fresh funding round for AI chipmaker SambaNova Systems — more than $350 million on the table, according to Reuters. Intel, already an investor, is looking to chip in about $100 million, with a possible bump up to $150 million, sources told Reuters. SambaNova’s specialty: “inference” chips, which power AI models after they’re trained. None of the parties — Intel, Vista, or SambaNova — offered any comment, and Reuters noted the deal terms aren’t set in stone. 4
Put together, these stories show the AI surge is rippling through the supply chain—CPUs, memory, and other server parts—not just the accelerators where Nvidia leads. For Intel, it’s another reminder: deliver on targets, keep AMD at bay, and convince investors there’s a real AI hardware plan outside its bread-and-butter business.
The setup isn’t straightforward. Extended delivery times might support prices for now, but they also open the door for customers to scout out other options, delay upgrades, or negotiate deals that could bite into margins down the line. That late-stage funding round? It’s not a done deal until the paperwork’s signed and the money actually shows up.
Macro events could easily steal the spotlight from company news. The U.S. Labor Department’s jobs report for January lands Feb. 11, with the January CPI inflation numbers following on Feb. 13 at 8:30 a.m. Eastern. Both reports have a track record of jolting rate expectations—which tends to ripple through to risk-on plays like tech and chip stocks. 5
Monday’s session will test if Intel can keep Friday’s momentum, as traders weigh China’s CPU supply issues, the SambaNova investment headlines, and fresh U.S. numbers. The February 13 inflation data stands out as the next scheduled catalyst.
