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Intel’s $100 Billion April Rally Makes It Market’s Hottest Stock

Intel’s $100 Billion April Rally Makes It Market’s Hottest Stock

(Bloomberg) -- Intel Corp. has quickly become one of the hottest stocks in the S&P 500 Index thanks to an eight-day surge that has added more than $100 billion in market value.A rash of good news over the last two weeks has reinvigorated investor enthusiasm that the chipmaker may be able to pull off a dramatic turnaround after years of underperforming amid fears that it had lost its edge in semiconductor manufacturing. Shares just posted their best week since January 2020 and have soared 51% ove

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Intel’s $100 Billion April Rally Makes It Market’s Hottest Stock