10 Stocks That Could Skyrocket After Jensen Huang’s Earnings Call

5. Intel Corporation (NASDAQ:INTC) 

Intel Corporation is a computing and related services and products developer, designer, manufacturer, marketer, and seller. It serves cloud service providers, original design manufacturers, original equipment manufacturers, and other manufacturers and service providers.

The company’s stock showed its best single-day gain in nearly five years by surging 16% recently. This significant increase in the stock price was due to the Wall Street Journal stating that Taiwan Semiconductor Manufacturing (TSM) and Broadcom (AVGO) are exploring deals to split the U.S. chipmaker.

This upward trend was also fueled by rumors about a potential takeover by Intel’s rivals. Regardless of who acquires Intel, its shareholders are likely to get the benefit through improved valuation.

Analysts are bullish on Intel as they think if TSM and AVGO can cope with regulatory issues then it would be a rewarding situation for current investors. While Intel does not have the leadership of the likes of Jensen Huang or Lisa Su, the progress of the other chipmakers will likely force the company to install better leadership, which should be positive for investors.