Intel stock (INTC) pops after Trump touts “sub-2nm” chip milestone as earnings near
Intel shares rose 3% after hours Thursday following praise from President Trump for a meeting with CEO Lip-Bu Tan and the company’s new chip technology. The stock had closed down 3.5% at $41.11. Intel’s Core Ultra Series 3 “AI PC” laptops, built on its 18A node, launch Jan. 27. Investors await fourth-quarter results and updates on manufacturing progress on Jan. 22.