Intel earnings set to test stock rally as Wall Street grows bullish on chipmaker’s AI position

Key Highlights

• Intel is expected to report earnings that may influence its 47% stock gain over the past month.
• The stock recently hit a 52-week high of $54.41 before closing at $54.26.
• Increased demand for Intel's CPUs from data centers is boosting investor confidence.
• Multiple firms, including HSBC and KeyBanc, have raised their ratings on Intel.
• The anticipation of earnings is heightened by growing optimism about Intel's AI position.