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Intel stock jumps 14% as Meta's Muse AI agent flips the chip trade
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Intel stock jumps 14% as Meta's Muse AI agent flips the chip trade
Intel stock spiked 14% intraday to $123.82 on October 2, leading a broad rally in AMD, Arm and Qualcomm as investors bet that agentic AI apps like Meta's Muse will drive CPU demand that GPU-focused chip plays can't capture. The catalyst traces back to Muse's September 8 launch and its climb to the top of Apple's App Store within ten days.
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