Intel Stock News

Intel Corporation NASDAQ: INTC initiated a significant portfolio reshaping with the announcement on Apr. 14, 2025, that it has entered into a definitive agreement to sell a 51% controlling interest in its Altera programmable chip business.

Semiconductor giant Intel (INTC -1.61%) is undergoing a tumultuous time in its storied history. Despite competitors such as Nvidia seeing surging sales amid the artificial intelligence (AI) boom, Intel is struggling.

Intel's new CEO, Lip-Bu Tan, is streamlining the semiconductor giant's leadership team, with important chip groups reporting directly to him, according to a memo from Tan seen by Reuters.

Intel Corp.'s stock recently rode a wave of enthusiasm around potential deals or partnerships that could make its turnaround less onerous. But in the last few weeks, chief executives from two companies rumored to be interested in those sorts of arrangements implied they wouldn't be working with the chip giant.

TSMC struck an upbeat note after posting strong earnings, but tariffs and the trade war loom large.

The chip stocks that I follow look a bit sideways in the early hours of the Thursday session, as the markets continue to try to get an idea of how things are going to play out with the tariff war, especially between the Chinese and the Americans.

"TSMC is not engaged in any discussion with other companies regarding any joint venture, technology licensing or technology," CEO C.C. Wei said, dispelling rumors about a collaboration with Intel.

If a stock is trading near its 52-week low, you know that it's probably facing some challenges. But when you're talking about a stock that is trading at around its five-year lows, you know it's probably in deep trouble, and may already be in the midst of a turnaround.