Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
US Stocks Move: Intel Surges Over 7%, Hits Highest Level Since March 2022 as Q4 Earnings Approaching

US Stocks Move: Intel Surges Over 7%, Hits Highest Level Since March 2022 as Q4 Earnings Approaching

格隆汇格隆汇2026/01/21 14:45
Show original
By:格隆汇
Glonghui Jan 21|Intel (INTC.US) surged over 7%, reaching as high as $52.17, marking a new high since March 2022. On the news front, Intel is set to release its Q4 2025 financial report after the US market closes on January 22, and investors remain optimistic about this report, betting that CEO Pat Gelsinger's promised transformation plan has begun to show results. At the same time, large-scale expansion of data centers is driving strong demand for Intel's traditional server chips. According to data compiled by the London Stock Exchange Group, Intel's Q4 data center business revenue is expected to surge by more than 30%, reaching $4.43 billion. In addition, several investment banks have recently raised their target price for Intel. Citi raised its target price from $29 to $50 and upgraded its rating from "Sell" to "Neutral"; Barclays raised its target price from $35 to $45; Susquehanna raised its target price from $40 to $45. (Glonghui)
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Overnight US Stock Market | Federal Reserve Raises Interest Rates by 25 Basis Points as Expected, All Three Major Indexes Close Lower, SpaceX (SPCX.US) Rises Over 5%

At market close, the Dow Jones Industrial Average fell by 630.56 points, or 1.21%, to 51,462.55 points; the S&P 500 Index dropped 33.51 points, or 0.44%, to 7,552.22 points; and the Nasdaq Composite Index declined 3.15 points, or 0.01%, to 25,978.42 points.

智通财经2026/09/16 22:41
Overnight US Stock Market | Federal Reserve Raises Interest Rates by 25 Basis Points as Expected, All Three Major Indexes Close Lower, SpaceX (SPCX.US) Rises Over 5%

Overseas investors reduced their holdings of U.S. Treasury bonds by $50.4 billion in July; both Japan and China cut holdings, while the UK increased holdings against the trend

Data released by the U.S. Treasury on Wednesday shows that in July, the amount of U.S. Treasury bonds held by overseas investors significantly decreased, dropping by $50.4 billion from June to $9.25 trillion, marking the lowest level since October last year.

智通财经2026/09/16 22:41
Overseas investors reduced their holdings of U.S. Treasury bonds by $50.4 billion in July; both Japan and China cut holdings, while the UK increased holdings against the trend

Federal Reserve raises interest rates for the first time in three years! Waller sends a hawkish signal, another 25 basis point hike possible this year

The Federal Reserve raised its benchmark interest rate by 25 basis points to a range of 3.75%-4.00% on Wednesday, marking the first rate hike since July 2023.

智通财经2026/09/16 22:36
Federal Reserve raises interest rates for the first time in three years! Waller sends a hawkish signal, another 25 basis point hike possible this year