US Stock Market Move | Intel Corporation (INTC.US) surged more than 10%, executives say this year will be a strategic turning point for the company.

On Wednesday, Intel Corporation (INTC.US) rose more than 10%, marking its largest intraday gain since September 18 last year, now trading at $43.71. On the news front, Intel Corporation officially announced its AI PC chip series based on the 18A process technology at CES, seen as a key milestone for the company's manufacturing revival and technological leadership. The new generation of chips adopts breakthrough transistor architecture and power design, not only marking Intel Corporation's first large-scale production with the 18A process technology but also aiming to regain market share from AMD and prove that its foundry business has returned to the forefront of technological competition. Intel Corporation CEO Liwu Chen emphasized that the company has "fulfilled its commitment to deliver the first batch of 18A process products by 2025." Intel Corporation Senior Vice President Johnson pointed out that "2026 will be a strategic turning point for the industry and Intel Corporation together," hinting at a new phase of technological iteration and market landscape.