April 24, 2026

April 24 (Reuters) – U.S. chip stocks soared to record highs on Friday as Intel’s unexpectedly strong revenue forecast reinforced confidence that the AI boom powering this year’s rally in the semiconductor sector is showing no signs ‌of slowing down. The foremost stock index for chip makers – the Philadelphia SE Semiconductor Index (.SOX), opens new tab – […]

April 24 (Reuters) – Demand for Intel’s central processors from firms offering AI services was so strong in the first quarter that it sold even chips it had originally written ‌off, a remarkable turnaround that sent the company’s shares soaring on Friday. The stock (INTC.O), opens new tab surged more than 24% to $83 in early trading, surpassing