
Shares of Intel Corporation (NASDAQ: INTC) are trading around $110 following another explosive week for the stock. It has seen a move of more than 400% over the past 12 months and more than 150% since the start of April alone.
While the company’s broader turnaround has been the key driver in the multi-month rally, this week’s report that Apple Inc (NASDAQ: AAPL) is exploring a potential relationship with Intel was enough to send the stock even higher.