Intel Stock Back Near $119 as Traders Position Ahead of Bell
Intel shares rose in premarket trading Friday, gaining up to 3.2% alongside other chip stocks as Nasdaq 100 futures advanced 0.5%. The stock closed Thursday at $118.50 after a volatile week and a sharp rebound from a five-day slide. Investors weighed optimism over Intel’s foundry push and Apple-related hopes, though details remain limited. U.S. markets are scheduled to close Monday for Memorial Day.