Intel Stock Surges 90% on AI Boom and $15B Backing – Can the Rally Continue?
Stock Price & Recent Moves Intel’s stock price has been on a tear in October. After reaching a 52-week high near $39.65 in mid-Octoberts2.tech, INTC was trading around $38–39 as of Oct. 22–23ts2.tech. On Oct. 23, INTC closed at roughly $38.17, up about +3.4% for the dayinvesting.com. This follows a volatile few sessions: shares jumped nearly 3% on Oct. 20 to ~$38.10, eased on Oct. 21, then surged again into the Oct. 23 closets2.tech. Over the past month the stock has pulled back about 10% from its early-October peak, but buyers have defended the mid-$30s as supportts2.tech. Fundamentally, Intel’s stock