Why Comments by Nvidia's CFO Pushed Intel Stock Into Rally Mode This Morning
Shares of (NASDAQ: INTC) rallied out of the gate on Monday morning, adding as much as 4.3%. As of 1:32 p.m. ET, the stock was still up 4.2%.
The catalyst that sent the semiconductor giant higher was comments made by Nvidia chief financial officer Colette Kress.
It's been a banner year for Nvidia, with the hastening adoption of artificial intelligence (AI) causing a run on the graphics processing units (GPUs) used for it. As a result, demand has far outstripped supply.
Source Fool.com
Intel Corp. Aktie
18,29 €
1,16 %
Intel Corp. wird von der Community leicht favorisiert: Mehr Buy- als Sell-Einschätzungen.
Für Intel Corp. prognostiziert die Community ein Kursziel von 38 €, was eine erhebliche Steigerung gegenüber dem aktuellen Kurs von 18.29 € bedeutet.
