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Stockreport

Nvidia crashes Intel's party: $5T giant surges as AI market pivots to CPUs [Yahoo! Finance]

Intel Corporation (INTC)  More Company Research Source: Yahoo! Finance
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Intel's first-quarter results showed demand for central processors from AI service providers exceeded expectations, with the company selling chips it had previously written off. Intel shares surged 24% to $83, pushing its market value above $416 billion and surpassing its dot-com era peak from 2000. The rally extended across the chip sector, with AMD gaining 14% and Arm rising more than 13%. The gains reflected growing market conviction that inference—the process by which AI systems answer user queries—could restore central processing units to a more prominent role after years of graphics chips dominating AI training workloads. Nvidia's $5 trillion market cap made it the largest mover in dollar terms Friday. Notably, Nvidia unveiled a new central processor last month, marking a rare expansion into territory traditionally dominated by Intel and AMD The company launched the Grace CPU in 2023, an ARM-based processor designed to work alongside its GPUs in Grace Hopper and Grace Bla [Read more]
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Stockreport

Nvidia crashes Intel's party: $5T giant surges as AI market pivots to CPUs [Yahoo! Finance]

Intel Corporation  (INTC) 
More Company Research Source: Yahoo! Finance
Last intel corporation earnings: 4/23 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: intc.com/investor-relations/default.aspx
Intel's first-quarter results showed demand for central processors from AI service providers exceeded expectations, with the company selling chips it had previously written off. Intel shares surged 24% to $83, pushing its market value above $416 billion and surpassing its dot-com era peak from 2000. The rally extended across the chip sector, with AMD gaining 14% and Arm rising more than 13%. The gains reflected growing market conviction that inference—the process by which AI systems answer user queries—could restore central processing units to a more prominent role after years of graphics chips dominating AI training workloads. Nvidia's $5 trillion market cap made it the largest mover in dollar terms Friday. Notably, Nvidia unveiled a new central processor last month, marking a rare expansion into territory traditionally dominated by Intel and AMD The company launched the Grace CPU in 2023, an ARM-based processor designed to work alongside its GPUs in Grace Hopper and Grace Bla [Read more]
IMPACT SNAPSHOT
EVENT TIME:
INTC
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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MAX UP
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%
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%
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%
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%
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TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS