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Benzinga
Benzinga
Business
Henry Khederian

Intel Stock Just Hit A 52-Week High On Apple Buzz: What's Going On?

Intel Corporation Apple United States INTC Benzinga Edge
Santa,Clara,,Ca,,Usa,-,Nov,22,,2023:,Intel,Corporation's

Intel Corp (NASDAQ:INTC) shares are extending their aggressive rally Tuesday afternoon, trading over $43, a gain of over 20% in just five days.

The semiconductor giant is riding a wave of optimism sparked by reports that it may reclaim its most famous lost client, Apple Inc (NASDAQ:AAPL). Here’s what investors need to know.

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