INTC is trading 3.7% up at $112.14 after Microsoft unveiled new commercial Surface laptops and a Surface Pro powered by Intel Core Ultra Series 3 processors.
- The announcement highlights fresh design wins for Intel in a highly visible PC refresh cycle.
- Intel’s strength stands out as broader markets trade lower on rising Treasury yields, suggesting the move is company-specific.
- The partnership underscores Intel's competitive positioning in the latest generation of AI-capable hardware.