Intel (INTC) stock price rises 12%, data center/(AI) revenue surges
2026-07-31 01:43:25
According to CoinMeta, Intel’s ($INTL) stock price rose by 12% on Thursday, benefiting from strong financial results, with significant growth in data center and cloud computing ($CLOU) revenue. Intel demonstrated strong performance, with year-over-year revenue increasing by 25%, and revenue from data centers and cloud computing rising by 59%. Despite the increase on Thursday, Intel’s stock price has still fallen by more than 34% over the past month. Chip stocks as a whole have performed strongly this week, with $NVIDIA ($NVDA) and $TSMC ($TSMC) both rising by 8%. Intel’s 18A technology is expected to reach mass production in 2026, which is a key milestone for its manufacturing business. Intel has delivered a return of over 350% in the past 12 months, with its stock price ranging from $18.97 to $142.35 over the past 52 weeks.
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Source:Watcher.Guru
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