With the highs and lows hitting Wall Street every day, Intel’s share price gained 2.8% with a 2.5% gain for the S&P 500 and a 2.7% gain for the Nasdaq Composite. The stocks even surged to 4.8% before giving up some of their gains. This rise could be attributed to the interaction of the U.S. Treasury Secretary (USTS) Scott Bessent with investors at a conference. The USTS indicated that the US-China trade war could de-escalate in the near future.  The news helped power substantial gains for Intel despite two analysts lowering their price targets on the stock before the market opened.

US-China Trade War to De-escalate 

Although no negotiations began between the two rival countries, Treasury Secretary Bessent was found stating that the U.S.’s trade war with China was unsustainable and that there could be a deal soon. The White House also confirmed that the Trump administration is setting the stage for a trade deal with China.

This news helped power substantial gains for Intel and the broader market to regain ground lost in sell-offs yesterday. 

Intel’s Lower Price Targets by Analysts 

In new coverage released this morning, Barclays lowered its one-year price target on Intel from $23 per share to $19 per share and reiterated an equal-weight rating on the stock. Meanwhile,  analyst Tom O’Malley pointed to tariff headwinds and broader valuation pressures connected to dynamics with China as reasons for the move. As the wind of change has blown from the White House, and there is a silver lining, the prediction of Intel’s low price could be changed from a bane into a boon.