The largest single-day increase since 1987, Intel surged by 24% on Friday.

Intel's stock price soared 24% on Friday, marking its best single-day performance since October 1987, as investors were buoyed by signs of recovery due to the increased demand for artificial intelligence. The stock closed at $82.57 and has already risen by 124% year-to-date following an 84% increase throughout 2025. Last Friday's surge surpassed the 23% increase on September 18 when NVIDIA agreed to invest $5 billion in Intel. Pat Gelsinger, who took over as CEO early last year, has revived Wall Street's interest in the struggling chipmaker by securing investments from the Trump administration and NVIDIA, and helping the chip manufacturer, which was previously left out of the AI boom, to re-enter the field. Evercore ISI analysts wrote in a report after the financial report was released, "Intel's new CEO has repaired the balance sheet and is executing a strategy that appears to be getting Intel back on track." The firm upgraded Intel's stock rating to the equivalent of "buy".