Stock Market Today, Jan. 7: Intel Surges After Panther Lake AI PC Chips Spark Investor Optimism

Intel (NASDAQ:INTC), a major designer of microprocessors and chipsets, closed Wednesday at $42.63, rising 6.52% after enthusiasm around its new Panther Lake AI PC chips and 18A manufacturing roadmap. Intel IPO'd in 1980 and has grown 12,996% since going public. Trading volume reached 164 million shares, about 8% above its three-month average of 89 million shares.Wednesday’s trade featured Intel’s CES-linked AI PC announcements and renewed focus on its 18A process. Investors are watching how these products t ...