2023-04-05 08:16:39 ET
Shares of Intel (NASDAQ: INTC) were moving higher last month after the chipmaker benefited from some positive analyst notes and signs that the chip market and demand for PCs had bottomed, and got a jolt after investors responded positively to Micron 's earnings report at the end of the month.
According to data from S&P Global Market Intelligence , the stock gained 31% in March, trending with broad gains in the semiconductor sector . As you can see from the chart below, the stock jumped in the middle of the month and again at the end of March.
For further details see:
Why Intel Stock Soared 31% in March