Intel Gains as Chip Shares Recover
Intel shares surged Monday, jumping $3.26 to finish at $127.86 as chip stocks and AI names rebounded. INTC saw heavy volume, trading more than 134 million shares and moving between $125.30 and $132.51. The Nasdaq closed 3.07% higher. Philadelphia Semiconductor Index ended the day over 5% up at a record, Reuters reported.