🟢 Intel is trading 5.92% up today as semiconductor shares extend their recent rally

Intel is trading 5.92% up now at $101.47 after semiconductor shares extended their recent rally.

• Intel announced a September 8 collaboration with ASML to accelerate High NA EUV lithography readiness, but no clear company-specific catalyst was identified.
• The move appears primarily sector-related, despite major U.S. indexes trading modestly lower.
• Recent momentum also followed Intel’s $20 billion equity offering and renewed optimism around its AI and foundry strategy; both developments predate September 8.