On October 2, Intel rose 3.68% in regular trading, trading at $123.68/share, with turnover of $904 million. The stock has now posted gains in three consecutive sessions, recovering from a nearly 9% cumulative decline triggered by earlier layoff announcements.

The rebound is primarily supported by a tightening CPU supply-demand dynamic. Intel's CEO previously disclosed that the company can currently fulfill only 50% of customer demand, with CPU delivery lead times extending from the typical 16-to-20-week range to 25-to-30 weeks, driven by surging demand from AI agent applications. Meanwhile, the options market has reinforced bullish sentiment, with institutional flows including an $18.1 million net-debit bull call spread and multiple out-of-the-money put sales signaling confidence in medium-to-long-term upside.

Additional catalysts include Intel's joint strategic investment with Nvidia in optical chip startup CScale, which raised $145 million, and a newly announced collaboration with Alibaba Cloud on Agentic Browser deployment and next-generation server platforms powered by Intel Xeon 6 processors.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)