Intel is trading 3.4% up at $94.09 as the semiconductor sector rebounds from a recent selloff.
- The move aligns with a broader rally in chip stocks, with the SOXX ETF gaining over 3% on improved tech sentiment.
- Investors are looking ahead to AMD’s earnings report on August 4, 2026, which is lifting the wider sector.
- There are no company-specific headlines for Intel, suggesting the move is tied to macro optimism and sector-wide recovery.