2024-03-27 16:38:00 ET
Intel (NASDAQ: INTC) stock climbed 4.2% Wednesday, even as share prices for Nvidia , Super Micro Computer , and Broadcom were down or flat.
Advanced Micro Devices also barely managed to buck the bearish trend for AI stocks today, with shares up 0.97%.
There's a shared reason why Intel and AMD gained ground despite valuation pullbacks for other high-profile companies with substantial exposure to artificial intelligence trends.
For further details see:
Why Intel Stock Rose Despite Bearish Momentum for Artificial Intelligence (AI) Stocks Today