INTC is trading at $97.68 (+3.1%) in after-hours following a blowout Q1 earnings report and subsequent price target upgrades.
- Intel reported $13.6B in revenue, up 7% YoY and beating analyst expectations, extending a +12.1% regular session gain to $94.75.
- The after-hours jump reflects continued investor optimism amid mixed market futures and no significant reactions from industry rivals.