On September 21, Intel surged 7.65% in regular trading, reaching $117.5 per share with turnover of $1.967 billion, extending a powerful multi-day rebound.

The rally is driven by a convergence of bullish catalysts. CEO Lip-Bu Tan recently stated that CPU demand is growing rapidly, with the company currently able to fulfill only about 50% of customer orders, signaling a sustained supply-demand imbalance that could persist as AI applications expand. Additionally, reports indicate Intel's 14A process node has been accelerated to trial production in Q1 next year, a milestone that would reinforce its foundry competitiveness. SK Hynix is reportedly exploring a partnership with Intel to manufacture memory chips in the U.S., though SK Hynix clarified no deal has been finalized. Tigress Financial raised its price target on Intel to $145 while maintaining a Buy rating. Broader market tailwinds also contributed, as investor risk appetite recovered following the Fed's 25-basis-point rate hike, with tech stocks broadly gaining support.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)