Intel stock jumps nearly 10% after Trump praise; earnings in focus
Intel shares surged 9.8% to $45.13 Friday after Donald Trump praised CEO Lip-Bu Tan following a White House meeting. The rally comes ahead of Intel’s Jan. 22 earnings report, with investors watching for details on its turnaround. Trading volume hit about 120 million shares. A softer U.S. jobs report also boosted risk appetite late in the week.