Key Takeaways Intel shares surged again Tuesday following a meeting between CEO Lip-Bu Tan and President Donald Trump on Monday. After breaking down from an ascending channel late last month, the stock retraced to a multi-month trading floor before finding buying interest around this crucial location.

The chip maker could ask for more monetary support and for the White House to encourage customers to use its advanced chips, Bernstein analysts said.

Shares of cannabis-linked companies rallied on Monday after President Donald Trump said he was considering reclassifying marijuana as a less dangerous drug — giving the sector a much needed boost.

President Donald Trump said on Monday that his administration is looking at reclassifying marijuana as a less dangerous drug and potentially lower criminal penalties, but no final decision has been made.