Business & FinanceNews

Intel Shares Surge Over 3% in Early Trading Amid Strong Investor Interest

Intel shares are up over 3% in early trading, reflecting strong investor confidence in the semiconductor giant.

Intel Share Price Today: Live Market Update on May 8, 2025

Intel Corp shares are experiencing a strong surge in early trading, rising by $0.66 (+3.26%) to $20.97 as of 9:33 AM (GMT-4) on May 8, 2025. The stock opened at $21.01, reaching an intraday high of $21.19, signaling strong investor confidence in the semiconductor giant.


Key Factors Driving Intel’s Early Gains

  • Positive Market Sentiment: Investor confidence in semiconductor stocks is pushing Intel higher.
  • Growth in Data Center Revenue: Intel’s data center business continues to be a strong revenue driver, boosting investor optimism.
  • Technological Advancements: The company’s focus on AI, cloud computing, and next-gen chips is attracting investor interest.

Sectoral Performance: Semiconductor Stocks Rally

  • Chipmakers in Focus: Intel is among the top gainers in the US semiconductor sector, alongside AMD and NVIDIA.
  • Data Center Expansion: Intel’s strong performance in the data center segment is supporting share price growth.
  • AI and Cloud Computing Growth: Investor interest in AI and cloud technologies is benefiting Intel.

Technical Levels to Watch

  • Support: $20.50 (Strong buying interest above this level)
  • Resistance: $21.50 (A breakout above this could lead to further gains)
  • Current Momentum: Bullish above $21

What Lies Ahead

Investors should continue to monitor:

  • Any new product announcements from Intel, particularly in the AI and data center segments.
  • Updates on Intel’s financial performance, including revenue from data centers and chips.
  • Broader market sentiment in the semiconductor sector.

Stay updated with the latest from Hindustan Herald — your trusted source for
Politics, Business, Sports, Entertainment, Lifestyle, Breaking News, and More.

📲 Follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube
🔔 Join our Telegram channel @hindustanherald

Related Articles

Back to top button