Intel sparks market rally

- Intel’s quarter and outlook sent its stock sharply higher, lifting the S&P 500 and Nasdaq as traders rotated into chip exposure after the company beat expectations. - Intel reported Q1 revenue of about $13.6 billion and the post‑earnings move pushed the stock up roughly 25% in intraday trading, per market chatter. - The move helped buoy broader indices even as other tech names wobbled, highlighting how single‑name beats can swing sentiment. (x.com) (x.com)