Intel stock rose back near $82 following a steep drop of over 18% after earnings, recovering some ground after falling roughly 42% from its all-time high. The recovery is linked to a broader tech sector boost, coming on the heels of strong earnings from Microsoft and Amazon that improved investor sentiment.
Shares now approach a resistance zone between $98 and $102, while support holds around $91.50. This trading range will be critical for Intel to watch as it tries to regain momentum amid volatile market conditions.
