- Intel shares rallied sharply, helped by optimism around AI, foundry improvements, and possible Apple manufacturing talks.
- The stock reportedly rose more than 100% in April and kept gaining in May.
- Barron’s says Intel was Tuesday’s top performer in both the S&P 500 and Nasdaq 100.
- Technical signals look bullish, including strong volume and a possible “golden cross.”
- The analyst expects the stock may pause around $100 before any next move higher.
https://www.barrons.com/articles/intel-moved-from-laggard-to-leader-where-chart-is-heading-e4997799