Micron, Intel and other chip stocks are furthering their strong comebacks

Investor fears about an AI spending slowdown and the impact of interest-rate hikes are subsiding.

Intel and Micron lead our portfolio higher, and J&J strengthens our case for owning it

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Intel Jumps 8%, SK Hynix Climbs 5% as Ohio Memory Talks Reignite; Micron Rises 6%

Memory chip stocks are rallying Thursday morning after reports that Intel and SK Hynix are in early discussions about producing memory chips together on U.S. soil for the first time. The Roundhill Memory ETF (CBOE:DRAM) is up 4% to $57.
TweakTown

Intel rumored to be replacing Core i5-14600K with a 'Raptor Lake Next' successor with eight P-cores and eight E-cores

Intel is rumored to be replacing the Core i5-14600K with a new LGA 1700 'Raptor Lake Next' CPU with two more P-cores matching the Core i7-14700K in cores.
Blockonomi

Intel (INTC) Stock Surges 4% Following Barclays Upgrade to Overweight

Intel (INTC) stock climbed 4% after Barclays upgraded to Overweight. CEO bought $10M in shares, SK Hynix talks ongoing, Altera IPO filed. Details here.

Intel Considers Rejoining the Memory-Making Biz

Intel is chatting with SK Hynix, Reuters reported, to forge a deal that would see the latter make memory chips in the US for the first time.
Blockonomi

Market Movers: Amazon’s Generac Deal, Intel’s SK Hynix Talks, and Fed Rate Decision

Generac soars 40% on Amazon deal, Intel explores SK Hynix partnership, Lucid secures 25K vehicle robotaxi contract, Nvidia recovers, Fed hikes rates 25bps.