BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Intel’s 20% Surge Sparks Speculation on $50 Breakout Amid Apple, Nvidia Talks
Intel’s 20% Surge Sparks Speculation on $50 Breakout Amid Apple, Nvidia Talks
16
1
BTCCSquare news:
Intel shares soared 20% last week as reports surfaced of potential investments from Apple, TSMC, and Nvidia. The semiconductor giant, now up 70% year-to-date, is riding the AI wave that has buoyed the sector. Analysts are scrutinizing key support levels after INTC broke out of a multi-month trading range with elevated volume.
Talks between Intel and Apple—once close collaborators on Mac processors and Thunderbolt technology—have reignited, though discussions remain preliminary. Meanwhile, Nvidia's expanding influence in AI continues to lift the entire chipmaking industry. Technical indicators show bullish momentum, with RSI confirming upward price action as the stock tests $34.
By:
