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Intel’s stock more than doubles in April for best month in chipmaker’s 55 years on Nasdaq
The rally followed blowout earnings, a U.S. government stake and new foundry deals as investors bet on Intel’s turnaround.
Summary by Ground News
Intel is on a winning streak unlike any since it became one of the first companies to go public on the Nasdaq nearly 55 years ago. The chipmaker’s stock soared 114% in April, closing out its best month on record.