INTC is trading at $86.75 (+5.11%) on continued strength from its Q1 earnings beat and expansion in the AI data center market.
- The stock's rally follows a report of $13.58B in revenue and $0.29 non-GAAP EPS, bolstered by a strategic Tesla partnership and significant investments in its Ireland plant.
- Analysts have raised price targets to $111 following the April 24 results, though some market observers caution that the 23.60% post-earnings surge may present overvaluation risks.