Intel Shares Surge Nearly 10% Following Trump's Support on Social Media
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2026
0mins
Source: CNBC
- Stock Surge: Intel shares surged nearly 10% after President Trump praised the company on social media, which not only boosted investor confidence but may also attract more institutional interest.
- Market Dynamics: The VanEck Semiconductor ETF (SMH) rebounded over 2% as investors rotated back into chip stocks, indicating a renewed optimism in the semiconductor sector that could drive further investments in related companies.
- Steel Sector Upgrade: Cleveland-Cliffs shares rose nearly 6% after Morgan Stanley upgraded its rating from equal weight to overweight, highlighting the company's unique competitive advantage in the domestic market, which may draw more investor attention.
- Building Materials Rally: With mortgage rates dropping to their lowest in nearly three years, stocks related to building materials surged, with the iShares U.S. Home Construction ETF (ITB) jumping 5%, indicating signs of recovery in the real estate market that could boost sales for related companies.
Analyst Views on CLF
Wall Street analysts forecast CLF stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CLF is 12.78 USD with a low forecast of 5.75 USD and a high forecast of 17.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
2 Buy
5 Hold
2 Sell
Hold
Current: 14.020
Low
5.75
Averages
12.78
High
17.00
Current: 14.020
Low
5.75
Averages
12.78
High
17.00
About CLF
Cleveland-Cliffs Inc. is a steel producer with a focus on value-added sheet products, particularly for the automotive industry in North America. The Company is vertically integrated from the mining of iron ore, production of pellets and direct reduced iron, and processing of ferrous scrap through primary steelmaking and downstream finishing, stamping, tooling, and tubing. Its offering includes advanced high-strength steel, hot-dipped galvanized, aluminized, galvalume, electrogalvanized, galvanneal, hot-rolled coil (HRC), cold-rolled coil, plate, grain oriented electrical steel (GOES), non-oriented electrical steel (NOES), stainless steels, tool and die, stamped components, rail, slab and cast ingot. Its Other Businesses primarily include the Tubular and Tooling and Stamping segments that provide customer solutions with carbon and stainless steel tubing products, advanced-engineered solutions, tool design and build, hot- and cold-stamped steel components and complex assemblies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
