Intel Stock Trends, Jumps 4.5% After Hours As Analysts Digest Trump Administration's Potential Investment

Benzinga
2025.08.15 02:24
portai
I'm PortAI, I can summarize articles.

Intel Corp. saw a 4.48% increase in after-hours trading following a 7.38% rise during the regular session, driven by potential government investment discussions between President Trump and CEO Lip-Bu Tan. Despite mixed analyst reactions regarding Intel's financial health and competitive pressures from rivals, the government backing could aid the delayed Ohio fab project. Intel's second-quarter revenue surpassed estimates, but it reported a loss per share. Analysts have set a consensus price target of $20, indicating a potential downside.