Intel (INTC) Surges on New CEO's Strategic Plans Amid Wall Street Gains

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Mar 17, 2025
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Wall Street experienced an upswing after a four-week downturn, driven by fluctuating tariff policies under President Trump's administration. Despite a 0.2% decline in U.S. retail sales for February, which fell short of expectations, the overall market sentiment was positive. The Dow Jones Industrial Average rose by over 130 points, or 0.3%, while the S&P 500 increased by 0.5%. Initially dipping, the Nasdaq recovered to climb 0.3%.

Among major tech stocks, Intel (INTC, Financial) saw a notable rise of 6% after its new CEO announced plans for a comprehensive overhaul of its chip business and artificial intelligence strategy. Nvidia (NVDA) experienced a rise before ending slightly down by less than 1%. Advanced Micro Devices (AMD) climbed over 2%.

In contrast, Tesla (TSLA) fell by more than 3% following the launch of a free trial for its driver assistance service in China.

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.