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Apr 30, 2026 12:01 PM

Intel's 115% Stock Boom Is Shattering Records After Years Of Doubt

Intel Corp. (NASDAQ:INTC) is set to close out April with its best monthly rally ever, a stunning reversal for a company that spent years being written off as an AI laggard.

INTC stock is moving. See the chart and price action here. 

Intel's Comeback

Intel stock closed the month of March at $44.13 and traded at $94.75 on Wednesday.

Shares of the semiconductor giant have surged about 115% this month, putting Intel on pace for a record-breaking April and marking one of the most dramatic turnarounds in big-cap tech.

The rally has also handed President Donald Trump a political and financial victory after the U.S. government took a stake in Intel last summer.

Trump said on Wednesday that federal stock holdings in Intel generated over $30 billion over the last several months, after he authorized the U.S. government's investment in the struggling semiconductor chip manufacturing company.

"I'm very proud of that Company in that I am responsible for making the United States of America over 30 Billion Dollars in the last 90 days ...