INTC is trading at $93.28 (+10.36%) as shares extend their rally following a blowout Q1 earnings report.
- The company reported revenue of $13.6 billion, up 7% year-over-year, which far exceeded analyst expectations and triggered multiple price target upgrades.
- Momentum has built steadily throughout the session, with the stock climbing from an earlier mark of $88.98 (+5.27%).
- The powerful move comes despite mixed performance in the broader markets as investors react to the earnings beat.