Intel stock price today: 3 possible reasons why INTC shares are up

After watching shares decline for much of the last year, investors in the chipmaking giant Intel Corporation received glimmers of good news recently.

Intel Corporation (NASDAQ: INTC) has had a pretty rough year. Year-to-date, the company’s stock price has fallen over 56% to a close of just under $22 per share on Friday. In August, in addition to reporting another disappointing quarter for its Q2 results, the company also announced it was laying off around 15,000 workers.