Stock futures rise as Wall Street tries to rebound from Fed-led sell-off; Intel leads chips higher: Live updates - CNBC
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- Stock futures rose as Wall Street attempted to recover from a sell-off triggered by the Federal Reserve
- Intel led the semiconductor sector higher, with shares surging 9% per cross-coverage from CNBC
- President Trump announced Intel will partner with Apple on U.S. chip design, per another outlet's headline
- AI stocks flashed buy signals amid the futures rebound, per Investor's Business Daily's framing of the move
Why it matters: A Fed-triggered sell-off dragged markets broadly, but Intel's 9% surge on a new U.S. chip-design partnership with Apple—announced by Trump—gave the semiconductor sector a distinct catalyst tied to domestic manufacturing policy rather than monetary policy.
