Intel Stock Price Today: Shares Jump Nearly 5% as Nvidia GTC Revives the CPU Bet
Intel shares climbed 4.7% to $47.93 by midday Monday, outperforming Nvidia and AMD as tech stocks rebounded. The gains come ahead of Nvidia CEO Jensen Huang’s keynote at the company’s annual developer conference. Intel’s outlook is increasingly tied to CPUs for AI deployment, with recent partnerships including a multiyear deal with SambaNova and joint product development with Nvidia.