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Why Intel Stock Soared Today
IntelIntel(US:INTC) The Motley Foolยท2025-08-22 23:36

It was a big day for Intel stock along two important lines.Intel (INTC 5.64%) stock is leaping higher in Friday's trading thanks to a pair of bullish catalysts. The semiconductor company's share price gained 5.5% in a day of trading that saw the S&P 500 jump 1.5% and the Nasdaq Composite surge 1.8%.Intel's valuation climbed today thanks to a speech from Federal Reserve chair Jerome Powell that increased hopes among investors for an interest rate cut at the central bank's meeting next month. The stock also g ...