Intel is trading at $100.35 (+10.27%) as chip stocks rally alongside a broader semiconductor rebound and improving market sentiment.

  • The move tracks a significant sector surge, with the SOXX semiconductor index rising nearly 5% amid easing geopolitical tensions.
  • Broader U.S. equities are trending higher following stronger-than-expected manufacturing data and a shift toward risk-on assets.
  • No company-specific catalysts were reported; the gain is primarily driven by sector-wide momentum across AI and semiconductor names.