Intel clears fresh Nasdaq record, shares extend AI and Apple-fueled rally

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 07:42.

Intel (US4581401001) has pushed its Nasdaq listing to a fresh record region around 141 dollars after a multi-day rally driven by AI enthusiasm and speculation over a potential Apple chip partnership. The move comes as Mizuho lifts its price target and broader semiconductor peers trade firm, according to recent market commentary.

What the latest rally shows

Intel shares closed at 140.94 dollars on Nasdaq on 2026-06-22, up 5.19 percent for the day and extending a sharp advance since last Thursday, as quote data from MarketBeat and MarketScreener indicate.MarketBeat Intel news and quote Intraday, the shares traded between 136.21 and 141.45 dollars, marking a new record trading range in the current cycle.

The rally accelerated after former US president Donald Trump claimed on social media that Apple had agreed to collaborate with Intel on chip design and manufacturing in the United States, a statement that has not yet been formally confirmed by either company but nevertheless triggered double-digit percentage gains in the stock last week, as several commentary pieces summarize.GuruFocus / Yahoo Finance commentary on Intel’s rally Sector peers such as Nvidia and AMD have also traded strongly in recent sessions, reflecting continued investor appetite for US-listed AI and semiconductor names.

Analyst view and consensus positioning

On the research side, Mizuho recently raised its Intel price target from 128 to 135 dollars while maintaining a Neutral rating, citing advanced packaging technologies such as EMIB and Foveros as potential drivers of foundry market share in high-end chip packaging, according to summaries of the bank’s note.Investing.com analysis of Intel’s record run The update adds to a mixed but improving analyst backdrop after the group returned to modest year-on-year revenue growth earlier this year.

Data from MarketScreener show that the consensus rating on Intel still clusters around Hold, with a wide dispersion of price targets reflecting differing views on execution risk in foundry, AI data center demand and PC recovery trends.MarketScreener Intel consensus and quote page Some Wall Street houses remain cautious on valuation after the stock’s more than 500 percent twelve?month gain, while others point to the strategic value of US-based manufacturing capacity in the current geopolitical environment.

The product engines behind Intel’s numbers

Intel generates revenue primarily from x86 processors for PCs and servers and from its expanding Intel Foundry Services business, which manufactures chips for external customers on nodes such as Intel 18A and advanced packaging platforms like EMIB and Foveros. The company also offers data center accelerators and AI-oriented products under its Gaudi and Xeon branding.

Where the Intel shares trade today

The Intel shares (US4581401001) last closed on Nasdaq at 140.94 dollars on 2026-06-22 at 16:00 Eastern Time.

This article is for informational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any securities. All information is based on sources considered reliable, but accuracy and completeness cannot be guaranteed. Investors should conduct their own research or consult a professional advisor before making investment decisions.