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Inside Intel’s (INTC) $124 Breakout and the AI Foundry Rerating: The Multi-Engine Turnaround
A historic structural shift is sweeping through the semiconductor industry, and Intel Corporation (NASDAQ:INTC) has emerged as one of the most prominent turnaround narratives of 2026. Closing the June 12, 2026, trading session at $124.57 per share (+6.51% on heavy volume), Intel extended a massive year-to-date rally that has seen the stock surge between 168% and 240% from its cyclical lows.