Intel Corporation (INTC)’s Stock Has Surged but Needs an Engineering Revival
Key takeaways
- However, the company still faces manufacturing challenges.
- The report stated that Trump converted previously committed US manufacturing funding into a 10% government equity stake last August.
- The WSJ reported that the tech firm has started shipping chips built on its 18A manufacturing process.
Intel Corporation (INTC)’s Stock Has Surged but Needs an Engineering Revival Fatima Gulzar Mon, June 29, 2026 at 1:45 AM GMT+7 2 min read INTC NVDA GOOGL AAPL Intel Corporation (NASDAQ:INTC) is among the Best Semiconductor Stocks.
On June 23, The Wall Street Journal reported that Intel Corporation (NASDAQ:INTC)'s stock has climbed more than 550% over the past year since new chip partnerships and support from President Donald Trump lifted investor interest. However, the company still faces manufacturing challenges.
The report stated that Trump converted previously committed US manufacturing funding into a 10% government equity stake last August. It also said Nvidia pledged to invest $5 billion and collaborate on CPU designs, Google partnered with Intel on CPUs and AI chips, Elon Musk tapped Intel for his chip-fab project, and Apple agreed to work with the firm on chip design and manufacturing.