Largest single-day increase since 1987: Intel surges 24% on Friday

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Intel stock soared 24% on Friday, marking its best single-day performance since October 1987, as investors cheered signs of a recovery driven by increased demand for artificial intelligence. The stock closed at $82.57, up 124% year-to-date after an 84% rise for the full year 2025. Last Friday’s rally surpassed the 23% gain on September 18, when Nvidia agreed to invest $5 billion in Intel. Chen Liwu, who took over as CEO early last year, reignited Wall Street’s interest in the struggling chipmaker by securing investments from the Trump administration and Nvidia, helping the previously excluded company from the AI boom to break into the sector. Evercore ISI analysts wrote in a report after the earnings release: “Intel’s new CEO has repaired the balance sheet and is executing a strategy that appears to put Intel back on a competitive track.” The firm upgraded Intel’s stock rating to a level equivalent to “buy.”

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