Intel shares closed down 0.8% at $48.31 on Thursday, dipping after earlier hitting around $50. The stock was mostly flat in after-hours trading but still sits about 10% higher over the past two sessions.
Intel’s stock climbed to a 52-week peak of $49.78 on Thursday, pushing the chipmaker deeper into the spotlight of the AI sector. https://in.investing.com/news/company-news/intel-stock-hits-52week-high-at-4978-93CH-5190140
Intel shares climbed roughly 3% to $48.72 in after-hours trading Wednesday, pushing their two-day rally further. AMD ticked up about 1%, but Nvidia and Taiwan Semiconductor saw declines.
Intel shares climbed 1.4% to $47.94 on Wednesday, retreating slightly from an earlier surge but holding steady after a big jump the previous day. So far, the stock has fluctuated between $47.56 and $49.41 during the session.
Intel Corp shares climbed 3.4% to $48.91 in premarket trading Wednesday, adding to a strong rally that lifted the stock the previous day. The stock had closed Tuesday at $47.29, marking a 7.3% gain.
Intel shares jumped 7.3% Tuesday, closing at $47.29 following an intraday peak of $48.24, marking a 52-week high. The surge came after KeyBanc Capital Markets raised its rating on the stock from “sector weight” to “overweight.” After-hours trading showed the shares inching up about 0.1%.
The Dow Jones Industrial Average dropped 0.67% to 49,256.12 on Tuesday, dragged down by financial stocks as investors digested an inflation report that kept the rate-cut discussion open. U.S. crude climbed 2.67% to $61.09 a barrel, with Iran unrest sending oil prices to their highest in weeks.
Intel shares surged roughly 6% Tuesday following KeyBanc Capital Markets’ upgrade to “overweight,” signaling expectations for the stock to outperform. The firm also raised its price target to $60. Intel’s stock climbed 6.4% to $46.88 in late morning deals.
Intel shares climbed 5.9% to $46.64 by 11:07 a.m. EST Tuesday, on roughly 69 million shares traded. Advanced Micro Devices also jumped, up 5.0% in early trading.
Intel shares climbed more than 6% Tuesday following a KeyBanc upgrade, pushing the chipmaker’s strong start to the year even further. By 10:40 a.m. ET, the stock had gained 6.8%, trading at $47.08.
Intel and Advanced Micro Devices shares climbed in early U.S. trading on Tuesday after KeyBanc Capital Markets upgraded both chipmakers, arguing demand from big cloud data-center buyers is running ahead of supply.
The Dow Jones Industrial Average dropped 307 points, or 0.6%, to 49,283 in early trading Tuesday, down from its 49,616 open. Visa tumbled close to 4%, and JPMorgan lost over 2%, while Intel climbed nearly 6%, according to Investing.com data.
Intel shares dropped 3.3% to $44.06 in premarket on Tuesday, erasing part of their recent rally despite a KeyBanc upgrade and optimism around server demand.
Intel shares dropped 3.3% on Monday, then edged up roughly 0.1% in after-hours trading. Note that after-hours trading runs outside the regular 9:30 a.m. to 4 p.m. ET session.
Shares of Advanced Micro Devices were up 2.6% at $208.44 by 10:31 a.m. EST on Monday, even as the Nasdaq 100 tracker dipped slightly. The stock traded between $200.00 and $208.44.
Intel shares dropped 1.1% to $45.06 in early Monday trading, retreating slightly after a strong rally that thrust the chipmaker back into the spotlight on momentum screens.
Intel Corp shares slipped 1.8% to $44.73 Monday morning, pressured by cautious analyst commentary following last week’s surge in the chipmaker’s stock. The wider market showed weakness as well, with the SPDR S&P 500 ETF falling roughly 0.4% and the iShares Semiconductor ETF retreating about 0.7%.