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Tech stocks rally as Apple-Intel chip talks boost Intel to record high; oil prices ease market fears.

Market News
05 May 2026
FXEmpire
View Source
Bullish
pluang ai news

U.S. stocks rose with the S&P 500 nearing a record high after oil prices fell due to eased tensions in the Strait of Hormuz, reducing inflation concerns. Intel surged 14% to an all-time high on reports that Apple is negotiating with Intel and Samsung to shift chip manufacturing to the U.S., signaling a major supply chain change. Despite strong revenue growth, Palantir shares dipped as investors took profits. The market remains sensitive to oil price movements and earnings reports, with the S&P 500 poised to test new highs if momentum continues.

More News (INTC)

South Korea's stock market now closely mirrors US tech due to AI-driven chipmakers Samsung and SK Hynix.

South Korea's stock market now closely mirrors US tech due to AI-driven chipmakers Samsung and SK Hynix.

South Korea's Kospi index has become highly correlated with the US Nasdaq 100, driven by AI demand for memory chips from Samsung Electronics and SK Hynix. These companies supply critical components for AI data centers, making South Korea an early ind...

Market News
Bearish
10 hours ago
Intel's price target cut to $151 but still shows 64% upside after strong Q2 2026 results.

Intel's price target cut to $151 but still shows 64% upside after strong Q2 2026 results.

An analyst reaffirmed a Buy rating on Intel, lowering the price target from $176 to $151 due to the current share price drop to $92, which still implies a 64% upside. Intel's Q2 2026 results were strong, with significant revenue growth in its Data Ce...

Analyst Insights
Bullish
16 hours ago
Intel leads semiconductor comeback with 59% growth in Data Center & AI, boosted by Xeon CPUs and AI demand

Intel leads semiconductor comeback with 59% growth in Data Center & AI, boosted by Xeon CPUs and AI demand

Intel Corporation is reclaiming its leadership in the semiconductor industry, driven by strong demand for x86 CPUs and enterprise AI adoption. Its Data Center & AI segment grew 59%, largely due to the success of Xeon 6 CPUs. The company plans signifi...

Analyst Insights
Bullish
1 day ago
Two large-cap stocks, Mastercard and Intel, near $500B market cap milestone in 2026 on strong growth.

Two large-cap stocks, Mastercard and Intel, near $500B market cap milestone in 2026 on strong growth.

Mastercard and Intel are approaching the $500 billion market capitalization milestone in 2026 due to strong growth prospects. Mastercard benefits from the global shift to digital payments, showing revenue growth of 16-17% and expanding into cybersecu...

Market News
Bullish
1 day ago
Intel Q2 revenue jumps 25% led by AI data center growth, but foundry losses persist.

Intel Q2 revenue jumps 25% led by AI data center growth, but foundry losses persist.

Intel reported a strong Q2 with 25% year-over-year revenue growth, driven mainly by a 59% increase in its Data Center and AI business. This segment significantly boosted the company's operating income. However, Intel continues to face substantial los...

Company Fundamentals
Neutral
2 days ago
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