Intel Stock Rises on Positive Earnings and Tesla Partnership News
Intel's stock rose 2.3% on April 24, 2026, despite a broader market decline, driven by positive earnings results and news of a potential partnership with Tesla. Intel reported Q1 non-GAAP earnings of $0.29 per share, exceeding analyst expectations, and announced Tesla may use its 14A chip fabrication process, with an estimated $3 billion in spending.
Topics: Chip Manufacturing Intel Partnerships Stock Performance Tesla