Intel's stock price rose by 6%, briefly reaching $100 per share, with a total market capitalization of $501.5 billion, setting a new record high. Intel's stock surged 114% cumulatively in April. Recently, Intel's operating conditions have shown significant improvement. Revenue for the first quarter of 2026 was approximately $13.6 billion, marking a year-on-year increase of about 7%, and exceeding expectations for several consecutive quarters. Among this, revenue from the data center and AI business grew by approximately 22% year-on-year, becoming the core growth driver. The company also provided second-quarter guidance that was higher than expected, reflecting continued strong demand.
Intel's stock price hit $100, with total market capitalization surging to $500 billion.
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