Intel Corp. shares rose modestly in morning trading Tuesday, gaining more than 2% to $67.03 as investors positioned ahead of the chipmaker's first-quarter 2026 earnings release on Thursday, April 23, with optimism around AI partnerships and foundry progress offsetting recent volatility.

At 10:13 a.m. EDT, Intel (NASDAQ: INTC) stock had advanced $1.33, or 2.02%, from Monday's close of $65.70. The move came after the stock hit a 26-year high near $70.33 on April 17 before pulling back, reflecting a volatile but overall strong April rally that has seen shares surge more than 50% at times amid a series of positive developments.