Can someone explain why the Intel's earnings beat is able to single-handedly boost the Nasdaq by 1.5%?

I'm not particularly familiar with the semiconductor industry, so I'm not fully understanding the broader tech implications of Intel's results. I see data center revenue beat by $700M (helping overall operating income to beat by $1.3B), Intel announced a deepening partnership with Tesla, and Q2 revenue guidance was raised by about $1B (operating income by about $400M). Would someone be able to help me understand why the entire tech index is reacting so bullishly to Intel's results? Intel's a relatively small component of the Nasdaq, so Intel's gains alone aren't causing the 1.5% jump in QQQ - Intel is pulling everyone else up. And while the earnings beat is good news, the actual dollar figures of the beats (\~$1B) are pretty modest especially relative to market caps in the grand scheme. Why is Intel's earnings so good for all the other big tech companies?