Intel Stocks on the Rise, Exceeding Expectations!

Significant Increase in Intel Shares

Intel shares saw an increase of nearly 10% on Friday in the Frankfurt Stock Exchange. This rise followed the company’s better-than-expected performance in its third-quarter earnings and was supported by radical cost-cutting measures.

These results came after receiving billions in investments from backers such as Nvidia and Japan's SoftBank, alongside a historic U.S. government stake. Investors entered a significant cash flow expectation following these developments.

During trading hours in the U.S. on Thursday evening, the stock price rose by about 7%, and then increased by 9.7% in Frankfurt on Friday.