Intel Stock Price Jumps After 18A PC Launch Gives Wall Street Fresh Turnaround Proof
Intel shares rose 7.1% to $47.18 after launching Core Ultra Series 3 business PCs built on its new 18A chip process, with shipments starting March 31. The company also unveiled Arc Pro B70 and B65 graphics cards. Intel’s 2026 proxy revealed a revised CHIPS Act deal, accelerating $5.7 billion in subsidies and giving the U.S. government 8.4% of its stock. Investors remain focused on whether Intel can improve 18A chip yields.