On September 24, Intel rose 3.02% in regular trading, trading at $126.305 per share, with turnover of $11.456 billion. The stock initially tracked broader semiconductor sector weakness at the open before reversing course and rallying intraday.

On the news front, at the Yunqi Conference, Alibaba Cloud Terminal Intelligence and Intel announced a partnership to collaborate on browser engine optimization, hardware acceleration, and high-density cloud deployment, aiming to scale Agentic Browser applications across AI agent scenarios. Additionally, Intel and Alibaba Cloud jointly developed the Pangu 9th-generation server powered by Intel Xeon 6 processors, with coordinated software-hardware optimization targeting AI-driven block storage workloads.

The partnership comes amid a broader bullish backdrop for CPU stocks. Citi recently raised its projected CPU market size for 2030 from $137 billion to $237 billion, representing a compound annual growth rate of approximately 52% from $29 billion in 2025, with server CPUs for Agentic AI identified as the fastest-growing segment. Options market activity also reflected bullish positioning, with a synthetic long and a $4.155 million out-of-the-money call targeting a breakout above $145 appearing in recent sessions.

(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.)