Intel shares rose Wednesday alongside a broader semiconductor sector rally.
Nvidia CEO Jensen Huang will reportedly join President Donald Trump’s delegation to China. The diplomatic mission aims to secure increased market access for U.S. technology firms.
The discussions address ongoing U.S. restrictions on advanced AI chip sales. China remains a critical market for Intel as surging AI infrastructure demand tightens the supply of server CPUs.
Improving semiconductor fundamentals and strong recent earnings have further bolstered investor confidence in Intel’s recovery.