This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Intel Corp. surged 18.8% to $21.53 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 9.5% to 5,456.90 and the Dow Jones Industrial Average rising 7.9% to 40,608.45.
The stock's rise snapped a three-day losing streak.
Intel Corp. closed 43.7% below its 52-week high of $38.22, which the company achieved on April 10th.
The stock outperformed some of its competitors, as NVIDIA Corp. rose 18.7% to $114.33, Broadcom Inc. rose 18.7% to $185.15, and Qualcomm Inc. rose 15.19% to $143.59.
Trading volume totaled 218.9 million, compared to the 50-day average of 115.0 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 09, 2025 16:34 ET (20:34 GMT)
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