Why Intel Stock Skyrocketed This Week
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Shares of Intel (INTC) surged 24.1% this week, driven by speculation of potential government investment following a positive meeting between CEO Lip-Bu Tan and Trump. The administration's interest in Intel is linked to its strategic importance in domestic semiconductor manufacturing, despite its struggles in the AI sector. Investors may find Intel appealing due to its significant manufacturing capabilities, although its future in the AI market remains uncertain.
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