Why Intel Stock Is Soaring Today
Intel(INTC) The Motley Fool·2025-02-11 20:52Shares of Intel (INTC 6.70%) are flying higher on Tuesday. The company's stock gained 6.6% as of 3 p.m. ET but was up as much as 10.7% earlier in the day. The gain comes as the S&P 500 slipped 0.1% and the Nasdaq Composite was down 0.2% on the day.What happenedIntel announced yesterday that the head of its data center and artificial intelligence (AI) operations, Justin Hotard, was leaving the company for Nokia. This comes on the heels of the embattled chipmaker losing its CEO in December.Why it mattersIntel ...