Intel stock jumps again as AI PC chips and foundry bets pull buyers back
Intel shares jumped about 8% Friday, extending gains as investors focused on AI PCs and the company’s push into contract chipmaking. Analysts remain split, with some warning the rally may be outpacing fundamentals ahead of Intel’s Jan. 22 earnings report. The company launched Core Ultra Series 3 processors at CES and signaled new foundry momentum. Core Ultra laptops are set to go on sale Jan. 27.