Intel Shares Extend Rally to 6% After CEO’s White House Meeting Signals Deepening U.S. Backing

Tekedia | 10-01-2026 11:12am |

Intel shares extended their sharp rally on Friday, climbing 6% after Chief Executive Officer Lip-Bu Tan met with U.S. President Donald Trump. This meeting underscored how central the struggling chipmaker has become to Washington’s industrial strategy. The stock’s move adds to a dramatic turnaround that has seen Intel’s market value more than double since the

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