Intel Corporation's stock surged to approximately $38 per share, its highest in nearly two years, following significant strategic investments and robust Q3 earnings. The company secured $15 billion in investments, including $8.9 billion from the U.S. government under the CHIPS Act, $5 billion from Nvidia, and $2 billion from SoftBank’s Vision Fund. Intel's Q3 2025 earnings exceeded Wall Street expectations, with $13.7 billion in revenue and an adjusted profit of $0.23 per share. The gross profit margin rose to 40%, surpassing the anticipated 35-36%, and GAAP net income reached $4.1 billion. Despite these strong results, analysts remain cautious, with average 12-month price targets below current levels.
Intel Stock Hits Two-Year High on $15B Investments and Strong Q3 Earnings
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