U.S. politician’s suspiciously timed Intel trade soars over 300% in less than a year
Intel‘s share price began a steady ascent in mid-2025 before accelerating sharply toward the end of the year and into early 2026. The rally pushed the stock into the low-to-mid $80 range by March, with further gains following the company’s strong first-quarter earnings release on April 23. For the quarter, Intel reported revenue of $13.6 billion, up 7% year over year and well above analyst expectations. Non-GAAP earnings per share came in at $0.29, significantly ahead of forecasts that had hovered near breakeven. Growth was driven in part by a 22% increase in the Data Center and AI segment, which generated $5.1 billion in revenue, while the Intel Foundry business rose 16%. The company also issued a stronger-than-expected outlook for the second quarter. The earnings beat triggered a roughly 24% single-day jump in Intel‘s stock on April 24, marking one of the largest one-day gains in the company’s recent history. Possible conflict of interest Moore‘s committee assignments are likely to draw further attention to the lawmaker’s congress trade. Receive Signals on US Congress Members Stock Trades Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. He serves on the