U.S. Stocks Reach New Record Highs As Intel Skyrockets

Company and Industry Highlights - Technology stocks, particularly Intel, drove market gains with Intel's shares soaring by 22.8 percent to its highest closing level in over a year following a collaboration announcement with Nvidia [2][3] - Nvidia will invest $5 billion in Intel's common stock at a price of $23.28 per share, contributing to Nvidia's 3.5 percent increase in stock value [3] - CrowdStrike's shares surged by 12.8 percent after the company provided positive guidance and announced a strategic partnership with Salesforce during an investor day [3] - The semiconductor sector experienced significant gains, with the Philadelphia Semiconductor Index rising by 3.6 percent to a record closing high, driven by Intel's performance [6] - Financial stocks also performed well, with the KBW Bank Index and NYSE Arca Broker/Dealer Index increasing by 1.4 percent and 1.3 percent, respectively [7]