Intel just erased two weeks of losses #Shorts

Intel just erased two weeks of losses in a single trading session. INTC surged 7.4 percent to $118.96 on Wednesday, marking its best day since late October. The catalyst? Institutional confidence in the chipmaker's restructuring timeline—specifically, progress on Foundry Services contracts with major cloud providers, according to Bloomberg reporting. That doesn't erase the fact that Intel trades 37 percent below its 52-week high, but it signals at least one corner of the market believes the turnaround narrative. Whether this is the bottom or a dead-cat bounce remains the trillion-dollar question. Full breakdown — link in description.

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