Why Intel’s stock has soared today

Intel (INTC 5.64%)) Thanks to a pair of optimistic catalysts, stocks are increasing in Friday trading. The stock price of a semiconductor company rose 5.5% per day. S & P 500 1.5% jump Nasdaq composite 1.8%surge.

Intel’s evaluation rose today thanks to the speeches of Jerome Powell, chairman of the Federal Reserve Bank, who increased the hope of interest rate cuts at the central bank meeting next month. The stock has also improved in the report that it is just before the Trump administration is expected to acquire a 10% stake in the company.

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The interest rate news has always been in Intel stocks today.

POWELL gave a speech in September this morning to restore market confidence in the interest rate cuts and the possibility of another rate cut at the end of the year. The Fed has maintained a relatively high interest rate to fight inflation, but investors are hoping for central banks to cut and create a more powerful environment for stocks and other assets.

POWELL said that inflation continued to challenge, but the weakness of the US economy seemed to be a greater risk factor. His opinion indicates that the Fed is leaning on the reduction rate next month. They helped the power of many other technologies today and many other technologies.

Intel also rose thanks to major US investment news.

Bloomberg today announced that President Donald Trump will announce that the US government will occupy almost 10%of its stock status in Intel. The official announcement arrived after the market was closed today, but Trump confirmed that he met a CEO Lip View Tan and that the United States would take a 10% stake in Intel.

This development will allow Intel to receive funds from the chip method. In addition, as artificial intelligence (AI) chip design and chip manufacturing technology becomes more important in economy and national security, it opens the door for additional government support.