Intel's Stock Soars 24% Friday, Its Biggest One-Day Gain Since 1987
(Saturday April 25, 2026 @11:34AM (EditorDavid)
from the in-the-chips dept.)
- Reference: 0182832534
- News link: https://slashdot.org/story/26/04/25/091254/intels-stock-soars-24-friday-its-biggest-one-day-gain-since-1987
- Source link:
Intel's stock price soared 24% Friday. It's the stock's largest single-day spike since since October 1987, [1]reports CNBC , "as investors [2]cheered signs of renewed growth due to mounting artificial intelligence demand."
> The stock closed at $82.57 and is now up 124% this year after jumping 84% in 2025. Friday's rally topped a 23% gain for the stock on Sept. 18, when Nvidia agreed to [3]invest $5 billion in the company... "INTC's new CEO fixed the balance sheet, and is executing on a strategy that appears to have put INTC back on the competitive track," analysts at Evercore ISI wrote in a report after earnings, upgrading the shares to the equivalent of a buy rating. First-quarter revenue topped estimates and rose 7.2% to $13.58 billion from $12.67 billion a year earlier. In five of the prior seven quarters, the company posted year-over-year declines in revenue...
>
> The rally on Wall Street marks a stark turnaround for the U.S. chipmaker, which lost 60% of its value in 2024, leading to the [4]ouster of Pat Gelsinger as CEO in December of that year... Intel's data center business is driving much of the current growth. Revenue jumped 22% from a year earlier to $5.1 billion, as AI fuels renewed demand for central processing units. Analysts at Citi upgraded the stock to a buy from a neutral rating, anticipating an uplift in CPU sales for all suppliers over the next few years.
Besides [5]Tesla , Intel's CEO said Thursday that "multiple customers" are "actively evaluating the technology" their new 14A chip technology, according to CNBC, and that 14A development is happening faster than its 18A technology.
The sudden spike in Intel's stock price makes the stock chart look almost like a straigbht line up. Last August it was selling for less than $20 a share — so it's quadrupled in value less that nine months.
[1] https://www.cnbc.com/2026/04/24/intel-stock-soars-more-than-20percent-as-chipmaker-shows-signs-of-turnaround.html
[2] https://www.cnbc.com/2026/04/24/intel-soars-after-earnings-beat-two-wall-street-firms-call-the-stock-a-buy.html
[3] https://www.cnbc.com/2025/09/18/intel-nvidia-investment.html
[4] https://www.cnbc.com/2024/12/02/intel-ceo-pat-gelsinger-is-out.html
[5] https://hardware.slashdot.org/story/26/04/23/0442209/intel-lands-tesla-as-first-major-customer-for-14a-chip-technology
> The stock closed at $82.57 and is now up 124% this year after jumping 84% in 2025. Friday's rally topped a 23% gain for the stock on Sept. 18, when Nvidia agreed to [3]invest $5 billion in the company... "INTC's new CEO fixed the balance sheet, and is executing on a strategy that appears to have put INTC back on the competitive track," analysts at Evercore ISI wrote in a report after earnings, upgrading the shares to the equivalent of a buy rating. First-quarter revenue topped estimates and rose 7.2% to $13.58 billion from $12.67 billion a year earlier. In five of the prior seven quarters, the company posted year-over-year declines in revenue...
>
> The rally on Wall Street marks a stark turnaround for the U.S. chipmaker, which lost 60% of its value in 2024, leading to the [4]ouster of Pat Gelsinger as CEO in December of that year... Intel's data center business is driving much of the current growth. Revenue jumped 22% from a year earlier to $5.1 billion, as AI fuels renewed demand for central processing units. Analysts at Citi upgraded the stock to a buy from a neutral rating, anticipating an uplift in CPU sales for all suppliers over the next few years.
Besides [5]Tesla , Intel's CEO said Thursday that "multiple customers" are "actively evaluating the technology" their new 14A chip technology, according to CNBC, and that 14A development is happening faster than its 18A technology.
The sudden spike in Intel's stock price makes the stock chart look almost like a straigbht line up. Last August it was selling for less than $20 a share — so it's quadrupled in value less that nine months.
[1] https://www.cnbc.com/2026/04/24/intel-stock-soars-more-than-20percent-as-chipmaker-shows-signs-of-turnaround.html
[2] https://www.cnbc.com/2026/04/24/intel-soars-after-earnings-beat-two-wall-street-firms-call-the-stock-a-buy.html
[3] https://www.cnbc.com/2025/09/18/intel-nvidia-investment.html
[4] https://www.cnbc.com/2024/12/02/intel-ceo-pat-gelsinger-is-out.html
[5] https://hardware.slashdot.org/story/26/04/23/0442209/intel-lands-tesla-as-first-major-customer-for-14a-chip-technology
straigbht line up... (Score:2)
by Vomitgod ( 6659552 )
spelling and everything....
Best of luck to them (Score:2)
by timholman ( 71886 )
I have no particular love for Intel or its products, but I do hope this is the beginning of a turnaround for them, for no other reason than their strategic importance to the U.S. domestic IC industry.
On the other hand, I've seen no compelling evidence so far that they've really learned from their previous mistakes. Only time will tell.
They do have good fabs. (Score:3)
by drnb ( 2434720 )
Say what you will about the x86 ... but they do have good fabs.
Proving Analysts are Dumb (Score:2)
It takes years to design and ship CPUs, same thing for fab processes. Everything from a technical perspective would have been started and seen through a lot of its development under Gelsinger.
Re: (Score:2)
What? I just got Starlink service two months ago and it's pretty awesome, especially considering it's my only choice in the very specific location I live.
Re: (Score:3)
> Elon Musk who is a well-known grifter that hasn't delivered a product since the original Tesla and that wasn't him.
The Model Y -- the #1 selling car in the world multiple years.
Top home energy solution -- power wall and solar panels. The battery part of that is the market leader.
Falcon 9 the most reliable and prolific orbital launch system in all history.
Starlink not available from anyone else. Without it Ukraine would not have a modern Internet backbone today.
Tunneling service that put in place metropolitan transit at a fraction of the price of competitive bids.
----
There is more to the list but what I rea
Re: (Score:1)
It's blatant market manipulation. Look at what happens with oil.
[1]https://cryptobriefing.com/760... [cryptobriefing.com]
[2]https://www.ndtvprofit.com/mar... [ndtvprofit.com]
[1] https://cryptobriefing.com/760m-in-oil-shorts-placed-before-trump-announces-hormuz-reopening/
[2] https://www.ndtvprofit.com/markets/oil-bears-go-all-in-430-million-shorts-placed-before-trump-039-s-ceasefire-extension-11395061