Intel and AMD Soar 13%, Taiwan Semiconductor Rallies 7% as AI-Chip Stocks Bounce Hard

1 month ago 24

David Moadel

Thu, July 30, 2026 astatine 10:51 AM CDT 4 min read

Quick Read

Intel banal surged 13% connected AI turnaround optimism contempt having nary TTM earnings, portion AMD stock's matching 13% summation carries an elevated 161x P/E multiple.
The iShares Semiconductor ETF (SOXX) jumped 8%, delivering wide AI-chip vulnerability crossed the assemblage without the single-stock execution hazard of Intel oregon AMD.
Taiwan Semiconductor's 7% rally astatine a 35x P/E makes it the astir valuation-balanced AI play among the three, though geopolitical hazard remains a persistent overhang.
Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Taiwan Semiconductor Manufacturing didn't marque the cut. Grab the names FREE today.

A gloved manus holds a aureate machine spot with disposable pins against a blurred background. To the right, a achromatic thoroughfare motion reads '← 22-51 WALL ST' successful achromatic text. Faint American flags are disposable down the manus and chip.

Today's bounce-back successful semiconductor stocks is simply a acquisition successful however rapidly the tide tin crook successful the fiscal markets. Intel (NASDAQ:INTC) banal is up 13% to $92.67, AMD (NASDAQ:AMD) shares are gaining 13% to $483.55, and Taiwan Semiconductor (NYSE:TSM) banal is rallying 7% to $399.36 arsenic AI-chip names drawback backmost sharply aft yesterday's drawdown. The iShares Semiconductor ETF (NASDAQ:SOXX) is besides participating, with the money up a notable 8% to $501.83, a large intraday determination for a wide semiconductor ETF.

The moves travel arsenic the NASDAQ 100 climbs 2.6%, signaling a wide risk-on temper successful tech aft yesterday's crisp pullback. The AI-chip cohort is erstwhile again astatine the halfway of the action, with traders rotating backmost into the names that led the sector's rally earlier this year.

Intel's Turnaround Story Gains Momentum

Intel's 13% leap reflects renewed optimism astir the company's turnaround and its quality to seizure much AI-related demand. Intel inactive has nary trailing 12-month (TTM) P/E ratio, since the institution has not been profitable connected a TTM basis, which keeps the valuation statement precise overmuch alive.

Act now: the expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks — and Taiwan Semiconductor Manufacturing didn't marque the cut. Grab the names FREE today.

The bull lawsuit for Intel rests connected the thought that the institution is yet making advancement nether its caller enactment and that AI inference and information halfway opportunities tin assistance thrust a multi-year recovery. The carnivore lawsuit notes that Intel's stock terms has already moved a agelong way, and that execution hazard remains precocious for a institution that has struggled to present accordant results.

AMD's High Multiple Leaves Less Room for Error

AMD shares are besides up 13%, and AMD banal is trading astatine a TTM P/E ratio of 161.07x, which is simply a lofty aggregate adjacent among tech's precocious flyers. That elevated valuation suggests that the marketplace is pricing successful a batch of maturation from AMD, and it besides means the banal has little country for disappointment.

Read Entire Article