Posted 3/27/2024, 8:38:00 PM
Intel Stock Rises as 3nm Chip Production Nears, Bucking Falling AI Sector
- Intel stock rose 4.2% while other AI stocks fell due to rising China-West tensions over tech restrictions
- Intel gained as it nears production of next-gen 3nm processors, per report on Taiwan Semiconductor Manufacturing
- Intel's new 3nm chips for CPUs and GPUs could power significant performance improvements
- Bullish investor sentiment for Intel based on coming 3nm processor manufacturing capabilities
- Intel stock didn't make Motley Fool's top 10 stocks to buy now list from recent Stock Advisor analyst picks