Intel surged 40% on the 8th, the strongest in nearly 38 years, analysts say it is gradually emerging from the trough
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Intel's stock price has risen 41% over 8 trading days, marking its strongest performance in nearly 38 years. Analysts believe the company is gradually emerging from a low point, but still faces challenges. At the close last Friday, Intel's stock price was $62.38, with a weekly increase of 24%. This rise is mainly attributed to the demand for server CPUs driven by artificial intelligence and the company's active expansion of partnerships. Analyst Jay Goldberg pointed out that Intel's growth momentum is beginning to recover, but its long-term competitiveness relies on the successful transformation of its foundry business
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