Why Intel Stock Rose Despite Bearish Momentum for Artificial Intelligence (AI) Stocks Today
(NASDAQ: INTC) stock climbed 4.2% Wednesday, even as share prices for Nvidia, Super Micro Computer, and Broadcom were down or flat.
Advanced Micro Devices also barely managed to buck the bearish trend for AI stocks today, with shares up 0.97%.
There's a shared reason why Intel and AMD gained ground despite valuation pullbacks for other high-profile companies with substantial exposure to artificial intelligence trends.
Source Fool.com
Intel Corp. Stock
€30.37
0.100%
Currently there is a rather positive sentiment for Intel Corp. with 25 Buy predictions and 12 Sell predictions.
As a result the target price of 37 € shows a positive potential of 21.83% compared to the current price of 30.37 € for Intel Corp..
