Why Intel Rallied Today
Source: Motley Fool
2026-02-24 14:47:40 ET
Shares of Intel (NASDAQ: INTC) were rallying on Tuesday, up 5.5% as of 12:52 p.m. EDT.
Intel rose along with the rest of the semiconductor sector, which was generally up strongly today. In particular, Intel may be rising in sympathy with Advanced Micro Devices (NASDAQ: AMD) , which rallied on the back of a massive deal announcement with Meta Platforms (NASDAQ: META) .
However, Intel also announced an interesting partnership of its own, which may also be contributing to gains.
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