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Intel's New Chips Boost Stocks After Trump's Support

1/23/2026

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Summary

Story summary

Intel Product Manager Mitch Lum announced Core Ultra Series 3 and Core Series 4 chips, despite challenges in Israel, offering longer battery life and AI-ready performance.
The launch sent Intel's stock up 10% after U.S. President Donald Trump voiced support.
Trump's statement emphasized the U.S. commitment to reviving domestic chip manufacturing.
Intel's Israeli team has excelled in conflicts, notably creating Core 2 Duo during the Second Lebanon War in 2006.

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Story summary

Intel Product Manager Mitch Lum announced Core Ultra Series 3 and Core Series 4 chips, despite challenges in Israel, offering longer battery life and AI-ready performance.
The launch sent Intel's stock up 10% after U.S. President Donald Trump voiced support.
Trump's statement emphasized the U.S. commitment to reviving domestic chip manufacturing.
Intel's Israeli team has excelled in conflicts, notably creating Core 2 Duo during the Second Lebanon War in 2006.