INTC

Intel (INTC) shares rose 13% today, with the semiconductor sector being one of the strongest performing sectors. The price rose, we saw a price gap, then we closed the gap at 120, then we closed it again at 122, reaching 124.73 during the day.

Now, we are approaching the next resistance level for Intel stock, which is the upward trend line . The arrow reached her five times , and this time it almost reached her. But in the period between these points, we saw a slight decline that reaffirmed the trend line.

and as I was browsing the results, this candidate, Intel, came up. It's been a long time since I've been interested in Intel, but as you know, the government has a stake in it, and chip stocks are performing well, and we prefer domestic production, perhaps this sets the stock up for further gains.

anchor point of the 1983 IPO. Its value is around 24. So, it's not very valuable. But you know we talk about handoff. This low point was in 1993, and this handoff from there , this blue line, is in 2000.

So, this is basically the next important level from the 2000 low point, which we broke below the 2000 low point. And now we have the low point of 1993. And as you can see, it's around $33 per share.

SanDisk is pretty. MU is pretty. Intel is pretty. AMD is really pretty but all-time high already. Uh those are those are really pretty charts I think.

Let's delve deeper into companies like AMD and Intel,

AMD is focusing on x86 technology, the same technology as Intel, whose stock rose 14% today and then 12% by the end of the day.

So, we have AMD, Intel, ARM, Apple, and of course, Meta, which is leading this massive evolution today. Of course, Intel. We've talked about them , but why are we even paying attention ?

Uh, we've got there's there's a lot to cover. Obviously, we're going to cover this uh with AMD and uh Intel. We'll be covering those in just a moment.

Uh Intel was 14% on Intel. Wow.

Relies on a lot of compute driven applications. There are really two compute vendors. You've got Intel and AMD.

So um if we could advance to the next uh chart in our grid here, we would be able to see that AMD second place here out of some of these more specialized names here uh behind Intel which was for quite a while a lagard in the group here.

But also moving along in tandem with AMD today on this same thing. Intel and ARM. So, let's talk about Intel first. And we got a nice price target increase uh for Intel over at Tigers Financial late last week. Seeing some bullish optimism there.