Shares of Intel have more than doubled this year on optimism that backing from the government will help the company's position in AI.

Intel reported a big first quarter of revenue led by fresh AI demand for its CPUs. The company also delivered a big forecast for the current quarter.

SAP shares jumped after the German business-software firm reported growth in its cloud business, alleviating fears about the impact of AI and geopolitical tensions on software sales. The report allowed ServiceNow to recoup some of its recent losses, but the American software firm is still down 38% for the year to date.

The tech giant reported a 'blowout' quarter with record revenue and stock surge, but its Licking County plants are still on their extended timeline.

Intel stock rocketed 25% higher in pre-market trading Friday after the company reported better-than-anticipated first quarter earnings and positive Q2 outlook on Thursday, sending

Intel shares jumped 19% Thursday afternoon as the chipmaker reported sales far above its forecasts and predicted continued strong demand for its products. The stock briefly topped $80 a share, the highest point in Intel’s history,