Mark Newton on Intel

$INTC surges on NVDA's 5 billion investment plan and helps to further the acceleration at all-time highs in SOX

 

@IBDinvestors @marketsurge weekly chart of INTC shows its lengthy base which warranted patience & now huge efforts to keep this company viable have helped INTC breakout

 

Push above resistance on huge volume makes this attractive to play catchup after lengthy underperformance