Intel Stock Rebounds 10% Amid Semiconductor Rally
Intel (INTC) shares surged 10% to $48.58 Wednesday, recovering from a 17% plunge after disappointing Q1 guidance. The rebound mirrors broader semiconductor strength, fueled by Texas Instruments' bullish outlook. TI projected Q1 revenue up to $4.7 billion, exceeding estimates and signaling resilient chip demand.
Intel’s Q4 earnings beat was overshadowed by its $12.2 billion revenue forecast for Q1—below Wall Street’s $12.6 billion expectation. The chipmaker’s zero EPS guidance contrasted sharply with analysts’ $0.08 projection. Market sentiment shifted as TI’s report reignited AI-driven Optimism across the sector.
Year-to-date, INTC remains a standout with 31% gains, outpacing rivals AMD and Nvidia. The rally underscores how semiconductor stocks remain hypersensitive to AI narratives, even amid earnings volatility.
