INTC is trading at $126.11 (+4.6%) in pre-market following the company's 2026 Annual Stockholders' Meeting and growing optimism regarding a potential partnership with Apple.
- The surge reflects investor confidence in Intel's turnaround strategy, helping the stock recover from a 6.82% decline on May 12 triggered by broader inflation concerns.
- Intel is significantly outperforming the mixed market, with the NASDAQ up 0.90% in a session where the lack of major economic data has shifted focus toward corporate earnings and news.