Why Intel Is Gaining During a Bearish Day for Artificial Intelligence (AI) Stocks

Intel (INTC 2.24%) stock was gaining ground in Tuesday's trading, bucking a trend that was impacting artificial intelligence (AI) stocks. The semiconductor company's share price was up 2.1% as of 3:13 p.m. ET, according to data from S&P Global Market Intelligence. Meanwhile, Nvidia was down 4.4%, and AMD was down 4.9%.After the market closed on Friday, Bloomberg reported that Intel could receive up to $10 billion in additional grants and loans to support its chip fabrication business -- funding allocated to ...