New York, January 11, 2026, 16:01 (ET) — The market has closed.
- Intel shares jumped 10.8% on Friday, building on a robust kickoff to 2026.
- Traders pointed to a Trump remark about a meeting with CEO Lip-Bu Tan as the immediate trigger.
- Intel’s earnings and guidance, due Jan. 22, are the next key event to watch.
Intel Corp shares jumped 10.8% on Friday, closing at $45.55. The surge came on heavy volume, with over 186 million shares trading hands, setting the stage for a crucial test when U.S. markets open Monday. (Yahoo Finance)
The jump is significant with Intel’s quarterly report less than two weeks away. Investors will be watching closely for specifics on margins, demand, and the expenses tied to ramping up manufacturing capacity. Intel plans to release its fourth-quarter and full-year 2025 results after the market closes on Jan. 22. (Intel Corporation)
The stock jump came after U.S. President Donald Trump tweeted about a “great meeting” with Intel CEO Lip-Bu Tan, adding that the U.S. government was “proud” to hold shares in Intel, according to Investopedia’s summary of the post. (Investopedia)
Intel’s rally came amid a wider surge in chip stocks. The Philadelphia Semiconductor Index, which tracks key chipmakers, gained 2.7% on Friday, hitting a record peak. Broadcom also climbed, driving the S&P 500 to close at an all-time high, Reuters reported. (Reuters)
Macro factors lent support as well. A U.S. jobs report that came in weaker than expected kept hopes for rate cuts alive, boosting risk assets ahead of the weekend, Reuters noted. “Payrolls were a little bit light relative to consensus, but still fairly strong numbers,” said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder. (Reuters)
Intel is pushing a fresh narrative focused on new products and closer alignment with U.S. industrial policy. This week, the company unveiled “Panther Lake,” a laptop chip series built on its 18A manufacturing process, aiming to regain ground against competitor Advanced Micro Devices, Reuters reported from CES in Las Vegas. (Reuters)
Intel has pinned down the timeline for its latest launch. Pre-orders for laptops featuring the new Intel Core Ultra Series 3 processors kicked off on Jan. 6, with global availability set for Jan. 27. (Intel Corporation)
Not everyone buys into the stock’s rapid climb. Jordan Klein of Mizuho noted what he called weak institutional demand, and Deutsche Bank’s Ross Seymore highlighted the lengthy timeline before newer process tech drives significant revenue, MarketWatch reported. (MarketWatch)
The flip side is clear. Intel’s PC segment faces headwinds from climbing memory-component prices and a “slow yield ramp” on its 18A process. Execution missteps tend to hit guidance quickly, a MarketWatch piece carried by Morningstar notes. (Morningstar)
Traders on Monday will be keeping an eye on whether Intel can maintain its Friday gains as the headlines die down and trading slows. Moves in related stocks connected to PC chips, foundry goals, or U.S. industrial policy could influence the market’s early moves.
Intel is set to release its earnings on Jan. 22, with results coming out after the market closes, followed by its earnings call at 2 p.m. PT. (Business Wire)
