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Intel Shares Jump in Wider Chip Bounce

Intel shares were up 6.11% at $59.72 in today's session, the day's high, while chip stocks bounced, though the stock remains far below its 52-week peak.

Intel (NASDAQ: INTC), the US chipmaker, rose 6.11% to $59.72 by 8.29pm in London today. The shares traded between $55.83 and $59.72 in the session so far, so the last price sat at the day’s high. The quote is delayed.

The advance leaves Intel up 61.8% so far this year and gives it a market value of about $299.1bn. The shares remain 57.6% below their 52-week high and 77.6% above their 52-week low.

Line chart of Intel's daily share price over the month to 9 November 2026
Intel’s daily close over the month to today, with today’s point a delayed quote.

How unusual this is

Today’s rise ranks 27th by size among Intel’s last 126 sessions, which is six months of trading. Intel was also listed on Friday for a move of 5% or more, so this is the second session in a row with a move of that scale.

Trading was lighter than usual. Volume was 94,317,914 shares so far, against a 20-session average of 141,635,724, with the session still under way.

Chart of Intel's daily percentage changes over six months to 9 November 2026, with today's move highlighted
Intel’s daily percentage changes over six months, today’s move highlighted.
INTC.US

In the news

Chip stocks have lost nearly 30% in five weeks, and Intel, Arm, Sandisk and CoreWeave are trading at less than half their 2026 highs. Most chip stocks were extending Friday’s bounce in early trade today.

Intel’s fourth-quarter 2026 revenue is expected to land between $15bn and $16bn, against the $16.5bn reported for the third quarter.

Intel has a collaboration with ZKH’s LingLong Intelligence on LingLong Insight 1.0, an industrial AI model.

Asktraders News Team
Asktraders News Team
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The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.

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