Intel shares rose 5% to about $94 as semiconductor stocks recovered from a sharp sell-off last week driven by doubts over AI spending sustainability and data center investment returns. The sector-wide rebound included gains for AMD, Nvidia, and Micron, supported by JPMorgan's upgrade of Intel to neutral, citing potential earnings growth from AI chip demand and chip shortages. Lower US Treasury yields and oil prices also eased pressure on tech stocks. Investors now await upcoming tech earnings for clearer signals on AI infrastructure demand and spending sustainability.
As of Oct 19, 2026 22:21 WIB, Intel shares on Pluang are trading at USD 94.96, up 5.69% for the day, reflecting a strong rebound in semiconductor stocks. AMD and Micron also show gains, with AMD up 4.43% at USD 552.17 and Micron rising 5.18% to USD 924.38. Nvidia is up more modestly by 1.95%, trading at USD 218.31, highlighting a broad recovery in the tech sector with Intel's market cap at $474.96 billion standing out.
JPMorgan upgraded Intel's stock rating from Underweight to Neutral after a significant price drop, leading to a 4% rise in Intel shares alongside a similar gain in AMD stock. The upgrade reflects improved execution in Intel's core markets and manufac...
Intel's stock has fallen 36.25% from its June peak above $140, but JPMorgan analyst Harlan Sur believes the decline is close to ending. Sur upgraded Intel's rating from Sell to Hold, citing the recent correction depth and new CEO Lip-Bu Tan's positiv...
Semiconductor stocks experienced their longest losing streak since 2008, falling for eight consecutive days due to concerns over AI spending cycles, rising oil prices, and higher interest rates. The Philadelphia semiconductor index dropped 3.8% on Oc...
Tech stocks dropped over $1 trillion in value in a single session, with major indexes like Nasdaq 100 and S&P 500 falling significantly amid rising oil prices and Treasury yields. Despite the selloff, Nvidia's CEO Jensen Huang expressed strong confid...
Nvidia shares fell nearly 6% recently due to worries over AI funding, but the company continues to dominate the AI chip market with strong revenue and profit growth. Nvidia offers a full AI stack and sees demand far exceeding supply, projecting 70% g...
