economy
Intel's stock has best day since 1987, soaring 24% as chipmaker shows signs of a turnaround
Shares of Intel have more than doubled this year on optimism that backing from the government will help the company's position in AI.
TL;DR
- Intel's shares have more than doubled this year.
- Investor optimism is driving the stock's performance.
- Government backing is expected to improve Intel's AI position.