Intel is trading 3.26% up in pre-market at $91.12, primarily driven by Nvidia’s bullish AI-demand outlook and the semiconductor-sector rally.
- Nvidia reported $96.2 billion in quarterly revenue, up 106% year over year, and issued bullish AI-demand commentary; its shares rose more than 4% after the announcement.
- SOXX was up 2.83% pre-market, lifting semiconductor stocks broadly.
- Intel presented turnaround progress and raised 2026 capital spending to $20 billion at the Deutsche Bank technology conference; its fresh manufacturing and AI strategy adds support.