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Intel earnings signal possible recovery as shares soar

Intel outperformed quarterly earnings forecasts, pushing its stock sharply higher and raising hopes of a turnaround for the U.S. chip company.

Published Apr 23, 2026, 7:55 PM EDT | WFMZZ

Shares in Intel soared Thursday after the company smashed quarterly earnings expectations. The strong results could be a sign that the U.S. chip maker is on a path to recovery.