Why Intel’s stock is on track for a historic surge after earnings

intel shares surged in after-hours trading after earnings, on track for their best post-earnings day ever. the stock could finally close above its 2000 high, a level it hasn't touched in over two decades. the company cited a "cpu renaissance" as a key driver, with data center and ai chip demand picking up. the move marks a sharp reversal from years of underperformance against rivals like nvidia and amd.