Intel’s stock is rising — and this time it’s not because of sale rumors

Intel Corp. shares surged 22% in February, partly on hopes that the chip maker could engage in a sale of all or parts of its business.

But Intel’s stock

INTC was moving higher on Monday for a different reason, and one that has more to do with the company’s actual business. Reuters reported that Nvidia Corp. NVDA and Broadcom Inc. AVGO are testing out the company’s 18A manufacturing technology.