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WKN: 855681 / ISIN: US4581401001

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09.04.2025 03:22:03

Why Intel Stock Was Up 13.3% in Q1 as the S&P 500 Had Its Worst Quarter Since 2022

The first three months of 2025 were a tough run for the market. The S&P 500 lost 4.6% and the Nasdaq Composite lost 10.4%. Bucking the trend, however, shares of Intel (NASDAQ: INTC) were up 13.3%.After years of underperformance, Intel has shown signs of turning the tide over the course of the last few months.Most recently, Intel revived a bump from the news that it and Taiwan Semiconductor Manufacturing Company (TSMC) -- the world's premiere chip manufacturer -- had reportedly reached an agreement that could revitalize Intel's struggling foundry business. Under the deal, TSMC would take a 20% stake in a new organization that would operate Intel's semiconductor manufacturing facilities, with Intel and other U.S. semiconductor firms controlling the remainder.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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