Intel stock surges as JPMorgan upgrades shares after 14% weekly plunge.
JPMorgan upgrades Intel stock ahead of Q3 earnings, citing stronger AI chip demand and improving execution under CEO Lip-Bu Tan.(Historical earnings: For fiscal 2026Q1 (period ended 2026-03-28), Intel reported basic and diluted EPS of -0.73 and net loss of USD 3.728 billion, versus basic and diluted EPS of -0.19 and net loss of USD 0.821 billion in the prior-year period. Consensus expectations: For the upcoming 2026Q3 event, consensus expects EPS of 0.3927 on revenue of USD 16.457 billion.)