Why Intel Stock Was Moving Up Today
Shares of Intel (NASDAQ: INTC) were climbing Thursday, seemingly in response to its "AI Everywhere" event. The chipmaker also seems to have gotten a modest boost from the Federal Reserve's decision to keep interest rates steady yesterday and its dovish forecast for next year.
As of 12:45 p.m. ET, the stock was up 2.5% after climbing as much as 5.6% earlier in the trading session.
Image source: Getty Images.
Source Fool.com
Intel Corp. Stock
€28.90
0.750%
Our community is currently high on Intel Corp. with 23 Buy predictions and 12 Sell predictions.
With a target price of 37 € there is a positive potential of 28.03% for Intel Corp. compared to the current price of 28.9 €.
