Intel Stock Soars on AI Hype and Big Backers – Will the Rally Last?
Intel’s share price has been on a roller-coaster in recent days, reflecting both excitement and caution. As of market close on Oct. 17, INTC traded in the high-$36 rangets2.tech, roughly flat for the week. The stock briefly spiked toward $38 earlier in the month – a new 52-week high – after reports that Intel was in talks to have AMD as a chip fabrication customerts2.tech. That October 2 report sent Intel up almost 4% intradayts2.tech, but gains faded when Deutsche Bank quickly warned the stock was overextended at those levels, urging investors to take profitsts2.tech. Even with the recent volatility, Intel has been a standout performer in 2025. Shares have nearly doubled from their January lows, delivering about an 85% year-to-date gaints2.tech. The rally truly accelerated in late summer, as Intel started unveiling big strategic moves. However, it’s worth noting that long-term shareholders are still under water – Intel’s price remains well below its peaks from a few years agots2.tech, before the company’s slide began. The question now is whether the recent uptrend has room to run or if the stock is due for a breather. Many on Wall Street are debating if Intel’s newfound momentum is the start of