Intel Corporation is trading 12.1% up at $111.12 in pre-market action as the stock recovers from last week’s sharp tech-led selloff.
- The move aligns with a broader rebound in semiconductor and tech futures following recent rate and macro-driven volatility.
- Gains are being driven by sector-wide sentiment, with the Nasdaq and industry peers also indicated higher.
- The price action follows a period of market stabilization rather than any new company-specific announcements.