Will Intel Stock Be a Trade War Winner?

Semiconductor giant Intel (NASDAQ: INTC) has a new CEO ready to shake up the company after years of disappointing results. Intel has been losing market share to AMD in its core CPU businesses, struggling to gain a foothold in the AI accelerator market, and pouring billions into new factories and manufacturing technology. That heavy spending supports the company's effort to become a major foundry, making chips for others and competing directly with TSMC.Intel is making progress on the foundry front. The Intel 18A manufacturing process, the capstone of its original "five nodes in four years" plan, is fully developed and now in limited production. The challenge for Lip-Bu Tan, Intel's new CEO, will be to scale up production while winning enough new clients to push the foundry toward eventual profitability.As of Tuesday, the sweeping global tariffs announced by President Donald Trump exclude semiconductors. TSMC is based in Taiwan, although it now has some manufacturing facilities in the U.S. Essentially every major chip designer, including AMD, Nvidia, Apple, and countless others, relies on TSMC to manufacture their cutting-edge chips.Continue reading

Apr 9, 2025 - 11:39

Semiconductor giant Intel (NASDAQ: INTC) has a new CEO ready to shake up the company after years of disappointing results. Intel has been losing market share to AMD in its core CPU businesses, struggling to gain a foothold in the AI accelerator market, and pouring billions into new factories and manufacturing technology. That heavy spending supports the company's effort to become a major foundry, making chips for others and competing directly with TSMC.

Intel is making progress on the foundry front. The Intel 18A manufacturing process, the capstone of its original "five nodes in four years" plan, is fully developed and now in limited production. The challenge for Lip-Bu Tan, Intel's new CEO, will be to scale up production while winning enough new clients to push the foundry toward eventual profitability.

As of Tuesday, the sweeping global tariffs announced by President Donald Trump exclude semiconductors. TSMC is based in Taiwan, although it now has some manufacturing facilities in the U.S. Essentially every major chip designer, including AMD, Nvidia, Apple, and countless others, relies on TSMC to manufacture their cutting-edge chips.