Intel stock jumps 24% as AI demand fuels real turnaround
Intel shares leapt 24% to $82.57, their best day since 1987, after Q1 revenue beat estimates, rising 7.2% to $13.58 billion. New CEO Lip‑Bu Tan’s AI‑focused strategy and Nvidia’s $5 billion investment have revived investor confidence, putting the chipmaker back on a growth track.