Intel Stock Surges As Jensen Huang Joins Trump's China Trip To Push For Market Access

Intel (INTC) stock surged 4% as NVIDIA's CEO Jensen Huang joined Trump's China delegation, aiming to enhance market access. The stock rose 2.5% in premarket trading, reflecting a positive tech sentiment and focus on U.S.-China chip relations. Analysts highlight strong AI server demand and Granite Rapids growth as key drivers, with China contributing over 20% to Intel's revenue. The stock is currently in an uptrend, nearing its 52-week high of $132.75, with a Hold rating and an average price target of $74.04 from analysts. Upcoming earnings report expected on July 23, 2026.