Why Is Intel (INTC) Stock Rocketing Higher Today

What Happened?

Shares of computer processor maker Intel (NASDAQ:INTC) jumped 6.6% in the afternoon session after the company showcased its new, advanced processors for AI-powered PCs and gaming devices at the CES 2026 trade show. 

The chipmaker unveiled its Panther Lake and Core Ultra Series 3 processors, the first to be built on its advanced 18A manufacturing process. This new technology was engineered to deliver significantly better performance and efficiency for AI and computing needs. Intel's announcements targeted the growing markets for AI-powered laptops and handheld gaming devices. To further strengthen its strategy in artificial intelligence, Intel also revealed a partnership with Nvidia to integrate its processors with Nvidia's graphics processing units (GPUs) for use in AI server systems.

Is now the time to buy Intel? Access our full analysis report here.

What Is The Market Telling Us

Intel’s shares are extremely volatile and have had 38 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.

The previous big move we wrote about was 5 days ago when the stock gained 7% on the news that the stock's positive momentum continued as Nvidia acquired $5 billion in company shares through a private placement, while the U.S. Treasury also obtained a 10% non-voting equity stake. The investment from Nvidia was part of a previously announced plan to support Intel's finances to enhance production capacity. The Treasury's stake fell under the 2025 CHIPS Act and a 'National Resilience' deal.

Intel is up 8% since the beginning of the year, and at $42.52 per share, it is trading close to its 52-week high of $43.76 from December 2025. Investors who bought $1,000 worth of Intel’s shares 5 years ago would now be looking at an investment worth $814.77.

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