We have been watching $INTC run very quickly over the last 2 weeks without much news but observing that it was late to the Ai party, but two big catalysts have been announced over the last few days and maybe some large players in market knew about this before the general public....but a large factory and investment from $INTC in Germany has been announced and $INTC will receive 10 Billion Euro in subsidies to build this from the German Government, this is very positive news, and a similar $25 Billion investment in Israel has been announced too.
Like I have said before they are also finalising a factory extension in Dublin too, one of the biggest factories in Ireland now.....this is showing $INTC's intention for growth and the future.
No analyst has $INTC going above $38 for the next 12 months but our chart is showing differently to this since it has broken above the previous high.
Impulse wave has been added here.