What's Going On With Intel Stock Monday?
Key takeaways
- Intel’s AI‑workload support and potential foundry partnership signal a strategic push into enterprise AI and manufacturing, with earnings expected to confirm its turnaround momentum.
- Intel shares up 3.87% to $93.26 pre‑market
- Intel’s 140% rally in 2026
- Meta’s Muse Spark Open model has 816 billion parameters
What happened
Intel Corp. (NASDAQ: INTC) saw its shares climb about 4% in pre‑market trading on Monday as a broader technology rally lifted semiconductor stocks ahead of its Oct. 29 earnings report. The rally extends Intel’s 140% gain streak in 2026 and comes after the company announced day‑0 support for Meta Platforms’ (NASDAQ: META) 816‑billion‑parameter Muse Spark Open AI model on its Xeon processors and upcoming GPU D‑series cards. Intel also plans to showcase its edge, agentic, and physical AI…
Why it matters
The AI‑workload announcement signals Intel’s push into enterprise AI infrastructure, a key growth area as demand for hardware that can run complex models rises. The pre‑market gain reflects renewed investor appetite for tech stocks after last week’s sell‑off, and Intel’s 140% rally in 2026 underscores its turnaround…
Short-term and longer-term
Short-term. Intel’s shares jumped 3.87% to $93.26 in pre‑market, reflecting optimism about its AI strategy and upcoming earnings.
Longer-term. Over the next few months, Intel’s focus on enterprise AI infrastructure and potential foundry partnerships could reshape its revenue mix and improve margins.