Intel shares rise 7.52% as CoreWeave performance strengthens AI chip demand
INTC Intel Corp
$62.50 +7.52%
View chart & analysis → - 1Intel closed at $62.50, up 7.52%.
- 2CoreWeave's third-quarter revenue reached $3.7 billion, more than doubling from $1.4 billion the previous year.
- 3Intel's trading volume of 125.6 million shares was 7.4% above its three-month average of 116.9 million shares.
So what's the key point?
Intel's stock price rose 7.52% with higher than usual trading volume. The significant revenue growth of a company using AI chips had a positive impact on Intel.
Source The Motley Fool +1 · View original ↗
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