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US stocks rise as Intel profits surge and Iran talks hopes lift Wall Street trading today

US stocks rise as Intel profits surge and Iran talks hopes lift Wall Street trading today

US stocks opened higher as Intel’s sharp profit surge fueled technology gains, pulling the S&P 500 close to an all-time high. Optimism around potential US-Iran talks added support, even as oil prices stayed volatile. Strong results from Procter & Gamble also helped, while Charter Communications slid after reporting weaker performance.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dow Jones tumbles as Nasdaq rockets higher in sharp US futures split

Dow Jones tumbles as Nasdaq rockets higher in sharp US futures split

US stock futures are flashing a split signal: Dow Jones futures fall while Nasdaq climbs nearly 1% and S&P 500 edges up. The rebound is being powered by strong earnings, with Intel surging after beating forecasts, alongside accelerating AI-driven demand and fresh defense momentum from an F-16 contract. Still, oil and trade risks keep investors selective.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Intel shares surge 19% after AI chip forecast tops expectations

Intel shares surge 19% after AI chip forecast tops expectations

Intel’s upbeat Q2 outlook, powered by strong demand for AI-focused server chips, beat expectations and lifted investor confidence. The company forecast revenue of $13.8–$14.8 billion and also delivered better-than-expected earnings guidance. Shares jumped about 19% in extended trading, adding roughly $64 billion in market value, as CEO Lip-Bu Tan pushes a turnaround plan of cost cuts, asset sales, and partnerships.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Intel shares jump as AI demand lifts results and forecasts signal recovery

Intel shares jump as AI demand lifts results and forecasts signal recovery

Intel’s shares surged after the US chipmaker beat earnings expectations, offering a potential turnaround. Even as it posted a reported loss, revenue rose and management signaled further growth ahead. CEO Lip-Bu Tan tied the momentum to the AI revolution, citing strengthening demand for Intel processors, including for local network processing.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Vaishnaw marks historic Odisha semiconductor plant launch with Intel and Lockheed Martin backing

Vaishnaw marks historic Odisha semiconductor plant launch with Intel and Lockheed Martin backing

Union minister Ashwini Vaishnaw hailed the foundation laying of a semiconductor plant in Odisha as a historic turning point. The project is expected to strengthen the state’s semiconductor ecosystem and accelerate advanced electronics manufacturing. Investors include global firms such as Intel and Lockheed Martin. Odisha is also widening its industrial base beyond metals and minerals to build an IT and tech-driven future.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Tesla picks Intel 14A chips for Terafab project as Musk eyes data centers and robotics

Tesla picks Intel 14A chips for Terafab project as Musk eyes data centers and robotics

Tesla is set to use Intel’s advanced 14A chip manufacturing technology for its Terafab project, marking Intel’s first key customer for the 14A process. Intel expects the win to strengthen confidence in its next-generation manufacturing roadmap as it looks for more chipmaking clients. For Elon Musk, the partnership supports ambitions in robotics and data centers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Elon Musk unveils Terafab AI chip plan using Intel 14A in Texas

Elon Musk unveils Terafab AI chip plan using Intel 14A in Texas

Elon Musk says Tesla’s Terafab AI chip project in Texas will use Intel’s 14A process. The planned complex, beginning early research fab construction at Giga Texas, targets chips for Tesla vehicles, Optimus robots, and AI data centers. If timelines hold, it signals Tesla’s push to control its compute supply for both products and future AI workloads.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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