U.S. Stock Indices Open Higher; Intel Surges 23% to Record High on Q2 Revenue Guidance

Gate News message, April 24 — U.S. stock indices opened higher today, with the Dow Jones Industrial Average rising 0.02%, the S&P 500 gaining 0.4%, and the Nasdaq Composite advancing 0.73%. Intel led the rally, surging approximately 23% to reach an all-time high.

Intel raised its second-quarter revenue guidance to $138 billion to $148 billion, above analyst expectations of $130.4 billion. The chipmaker's strong outlook drove gains across the semiconductor sector, with AMD climbing over 10% and Arm rising more than 8%.

Other major technology stocks showed mixed performance: Nvidia gained 0.11%, Microsoft rose 0.47%, Amazon climbed 1.42%, while Google-A fell 0.49%, Apple declined 0.61%, Meta Platforms fell 0.34%, Netflix dropped 0.92%, and Tesla remained flat at 0%.