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Benzinga
Benzinga
Business
Henry Khederian

Intel (INTC) Shares Rise As Chip Stocks Rebound On Geopolitical Optimism

INTC Intel Corporation Semiconductor Iran Israel Nvidia
Intel

Shares of Intel Corp (NASDAQ:INTC) and other semiconductor giants surged on Tuesday, riding a wave of market optimism following reports of a ceasefire agreement between Israel and Iran.

What To Know: The positive geopolitical news helped quell investor fears and fueled a broad market rally, with the tech-heavy Nasdaq-100 climbing 1.53%.

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