🟢 Intel is trading 9.57% up today on possible 10% PC CPU hike reports

Intel is trading at $21.75 (+9.57%) after September 8 reports that it may raise PC processor prices roughly 10% in early October.

• Northland Securities upgraded Intel to Outperform and assigned a $120 target, reinforcing the bullish reaction.
• Semiconductor-sector strength, with SOXX up 2.61%, is adding support despite weaker major indexes.
• The move appears primarily company-specific and reflects optimism about pricing power and Intel’s turnaround.