INTC - Intel Stock Is Moving Higher Tuesday: What's Going On? | Benzinga
Intel Corp (NASDAQ:INTC) shares are trading higher Tuesday. The company announced new AI-focused processors and chips this week at Computex 2024.
What Happened: Late Monday, Intel announced the launch of its new Xeon 6 processors with efficient cores for performance gains and unveiled its Lunar Lake client processor architecture in an effort to grow the AI PC category.
The announcements come as the company presents at the Computex technology event in Taiwan.
Intel Xeon provides customers with a rack-level performance gain of up to 4.2x and performance per ...