Intel Stock News

Intel ( NASDAQ: INTC ) has experienced a dramatic shift in fortunes over the past year.

Intel Corp (NASDAQ:INTC, XETRA:INL) shares fell on Wednesday on a Reuters report that Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) had halted a test of Intel's advanced 18A chipmaking process. According to Reuters, which cited two people familiar with the matter, Nvidia had been evaluating whether its chips could be manufactured using Intel's 18A process, one of Intel's most advanced production technol...

Chip companies have been testing Intel's production process, known as 18A.

It was a Thursday before dawn in Silicon Valley when Intel CEO Lip-Bu Tan found himself under attack by the president of the United States.

Intel's investment case is increasingly driven by U.S. industrial policy, with government backing reframing timelines beyond near-term fundamentals. The U.S. government injected $5.7 billion in Q3 and previously invested $11.1 billion for a roughly 10% stake. Intel repaid $4.3 billion of debt in Q3, ending the quarter with $30.9 billion in cash.

NVIDIA, of course, is the biggest name out there, and as it goes, generally speaking, so goes the stock market and vice versa.

Google parent Alphabet is making waves with its new quantum computing processor. Intel's long-term comeback partially hinges on quantum computing.

Microsoft owns 27% of OpenAI, with massive Azure cloud contracts in the pipeline. Alphabet has come back to be a recognized leader in generative AI, with a big lead in autonomous vehicles.