Intel, Stock
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Shares of Intel ( INTC 22.81%) are flying this week, up 27% as of market close on Thursday. The jump comes as the S&P 500 and Nasdaq-100 gained 0.7% and 1.5%, respectively. The chipmaker's stock exploded this week after Nvidia announced a $5 billion investment and "multigeneration" partnership agreement with Intel.
Yahoo Finance senior reporter Brooke DiPalma keeps track of several Wall Street analyst calls on top trending stocks, including calls around shares of Intel (INTC) after announcing its joint partnership with Nvidia (NVDA),
In today’s industry news roundup: Intel’s stock rises more than 20% as it’s forced to accept financial and R&D support from fierce rival Nvidia; Canadian telco Telus has added Samsung RAN intelligent controller (RIC) to its Open RAN rollout; Netskope raises more than $900m from its IPO; and more!
Intel reports second-quarter revenue of $12.86 billion, beating analyst estimates of $11.91 billion. Intel expects third-quarter revenue to be in the range of $12.6 billion to $13.6 billion versus estimates of $12.63 billion. Up Next: Get 5 Dark Horse ...