‘Intel On A Tear,’ Says Analyst As Stock Jumps Over 7% On Thursday Amid 18A Process Node Optimism – Broadcom (NASDAQ:AVGO), Advanced Micro Devices (NASDAQ:AMD)

Intel Corp. INTC shares have seen a significant surge, climbing 24.70% in the past five days and 20.59% since the company’s fourth-quarter earnings release on Jan. 3rd. This analyst has dismissed negative speculation surrounding the stock, pointing to strong fundamentals and saying that the recent jump “is an easy one.”

What Happened: Intel is pinning its hopes on a return to profitability by 2026, after highlighting progress on its advanced 18A process node during its recent…