Intel stock hits 52-week high, on track for best year since 2003

2023 was a year of resurgence for the US stock market, and the technology sector emerged as a standout performer, fueled by the relentless growth of artificial intelligence (AI). Despite the macro challenges in the past two years, tech companies experienced a remarkable surge in demand, with chipmakers playing a pivotal role in this resurgence. While Nvidia (NASDAQ: NVDA) took much of the spotlight, chip giant Intel (NASDAQ: INTC) also garnered significant attention. Culminating in an impressive feat, INTC ...