Stock Market Today: Intel Jumps on Reports of Partnership Talks With TSMC and Apple

Today, Tuesday, September 25, Intel Corp (NASDAQ: INTC) closed at $33.99, rising 8.87%. The stock saw heavy trading of about 291 million shares, nearly 2.7 times its three-month average. Shares reached a high of $34.25 intraday, matching the 52-week high.The broader market was under pressure. The S&P 500 (SNPINDEX: ^GSPC) fell 0.50% to 6,604.72, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) slipped 0.50% to 22,384.70, as technology and growth stocks weighed on indexes.Among chip peers, NVIDIA Corp (NASDAQ: NVDA) gained 0.41% to $177.69, while Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) declined 1.44% to $276.66.Continue reading