Intel Soars 24% as Nasdaq Hits Record

S&P 500 rose 0.5% to 7,140.72 while Nasdaq surged 1.1% to a record 24,705.24 on April 24, 2026.
Intel shares jumped 24% after a strong quarterly report, boosting the tech sector and the Philadelphia Semiconductor Index.
Texas Instruments rose 19.4%, ASML up 2.23%, SAP up 5.7%, and TSMC up 5.04% contributing to chip rally.
US‑Iran tensions eased after Iran’s foreign minister announced a Pakistan visit, and the DOJ closed the Fed renovation probe.