How Intel's AI-fueled surge sparked a chip rally and lifted Nasdaq futures — Market Wrap Apr 24, 2026

7horns.ai Daily Briefing EN · Apr 24, 2026 · 3m

Today's AI insights from 7horns.ai highlight Intel's staggering 28.33% pre-market surge, driven by blockbuster Q1 earnings fueled by strong AI data center CPU demand and record guidance. This remarkable rally energized the technology sector, particularly semiconductors, offsetting recent market softness. AMD and ARM Holdings also rallied, up 7.81% and 6.64% respectively, reflecting broad AI sector strength. Meanwhile, geopolitical tensions in the Middle East pushed oil prices higher, with the USO oil ETF rising 4.11% yesterday and gaining another 1.26% pre-market. Nasdaq futures gained 0.7%…