Intel Reports Earnings: Investors Bet on Foundry Progress and Apple Speculation
Reading Time: 4 minutes
From Rescue Case to Momentum Trade: Just before the quarterly numbers, Intel's stock is experiencing a renaissance that seemed unimaginable just a few months ago. However, the jump in price of more than 11 percent on Wednesday is not a given – it is a bet. Not on the past quarter, but on a technological comeback that could shift the balance of power in the industry. The technical breakout has succeeded: With 54.25 USD, Intel marked the highest closing price since January 2022. When the company reports today after the US market closes, it's...
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