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Intel Drives AI Chip Rally With 12% Gains; AMD, Micron Join Business

Intel Drives AI Chip Rally With 12% Gains; AMD, Micron Join

Short2News· 4mo ago ·United States ·32 reads

Intel shares surged 12% after an Apple deal, sparking a broader rally that lifted AMD and Micron stocks. The rally marks a fourfold increase since the US government announced a 10% stake in Intel last August. Investors view the move as a boost to the AI chip sector and a sign of renewed confidence in technology stocks.

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