Intel Stock (INTC) Powers Higher, Surging Over 3.5% in Tuesday Morning Action
Shares of semiconductor giant Intel Corporation (NASDAQ: INTC) experienced a significant boost in Tuesday morning trading, climbing sharply as market activity unfolded. Investors showed renewed interest in the chipmaker, driving its stock price notably higher.
As of 10:49 AM EDT, Intel stock was trading at 0.64 per share, translating to an increase of +3.53% for the session thus far. This positive move comes after the stock opened the day at $18.08, slightly below its previous close of $18.13.
The intraday chart shows Intel shares recovering strongly after an initial dip, rallying throughout the morning. The stock reached a high of $18.93 earlier in the session. Trading volume was notably high, with over 38 million shares changing hands before 11 AM EDT, significantly above average and indicating strong market participation in INTC stock today.
