Intel shares rose 3.30% to $91.95 on Thursday as a broader semiconductor rally followed Nvidia Corporation's stronger-than-expected second-quarter results. Nvidia reported revenue of $96.22 billion, up 106% year over year and above the $92.18 billion consensus estimate, while adjusted earnings per share of $2.22 exceeded expectations of $2.10. The company forecast third-quarter revenue of $105.84 billion to $110.16 billion and had $99.0 billion remaining under its share repurchase authorization. Separately, eight people familiar with discussions told POLITICO that the Trump administration is considering sweeping semiconductor tariffs, potentially covering chips, laptops, gaming consoles and data center servers. Four said Commerce Secretary Howard Lutnick favors linking tariff relief for foreign companies to investments in U.S. chip manufacturing. Intel remains in a short-term downtrend but trades above its 200-day SMA (simple moving average), leaving its longer-term trend more constructive despite the mid-year decline.