Intel's stock is experiencing a significant surge, with some reports indicating a 14% increase, making it the top S&P 500 stock for the day. The reasons for this surge are not entirely clear, but may be related to hopes of potential deals with other companies, as well as the overall performance of US chipmakers. Intel's stock performance is part of a broader trend, with some S&P 500 stocks, including those in the chipmaking sector, reaching record highs.