These 10 Companies Led Tuesday’s Charge

7. Intel Corp. (NASDAQ:INTC)

Intel saw its share prices grow 6.07 percent on Tuesday to end at $20.97 apiece as investors gobbled up shares in the company following a bullish outlook from US Vice President JD Vance on the semiconductor manufacturing industry.

At an Artificial Intelligence summit held in Paris, France, Vance highlighted the importance of domestic semiconductor manufacturing to enhance US competitiveness and technological leadership.

He emphasized that the US will safeguard American AI and chipmakers from “theft and misuse” by its “adversaries.”

Vance’s comments fueled optimism for INTC, a US-based semiconductor manufacturer, whose strategic focus is now on advancing AI hardware capabilities.

“We will…work with our allies and partners to strengthen and extend these protections and close pathways to adversaries attaining AI capabilities that threaten all of our people,” Vance said in his speech at the summit. “Some authoritarian regimes have stolen and used AI to strengthen their military intelligence and surveillance capabilities, capture foreign data, and create propaganda to undermine other nations’ national security.”