Intel Surges to Record, Charter Falls, Newmont Rises
Today’s biggest winners and losers in the stock market. On this episode of Stock Movers: Intel Corp. (INTC) shares hit a record high after the chipmaker delivered a sales forecast that shattered Wall Street expectations, showing that it’s finally benefiting from a boom in AI spending. Revenue will be $13.8 billion to $14.8 billion in the June quarter, the company said Thursday in a statement. Analysts estimated $13 billion on average, according to data compiled by Bloomberg. The upbeat outlook suggests that Chief Executive Officer Lip-Bu Tan is making progress on a once-improbable…
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