US stocks surge | Intel (INTC.US) rises more than 5% lowers full-year spending forecast to $16.8 billion

According to the Wisdom Financial APP, on Monday, Intel (INTC.US) rose over 5% to $25.42. In terms of news, Intel announced that it has lowered its adjusted operating expense forecast for 2025 from the original $17 billion to $16.8 billion. This adjustment is mainly due to the fact that its subsidiary programmable chip business, Altera, will no longer be included in the company's consolidated financial statements.