Intel Needs Some Big Wins Over the Next Year

Semiconductor giant Intel (NASDAQ: INTC) is in a precarious position. The troubled chip designer and manufacturer has lost considerable market share to AMD in the core PC and server central processing unit (CPU) markets; its foundry business has few external customers despite massive investments to catch up with TSMC; and new CEO Lip-Bu Tan is shaking up the company with layoffs and strategy shifts.Under pressure from the Trump administration, Intel agreed to a deal that gave the U.S. government a sizable stake in the company in exchange for funds that were already awarded, although mostly not yet delivered, via the CHIPS Act and other initiatives. While this arrangement could benefit Intel by incentivizing chip designers to consider Intel for manufacturing, it carries significant risks as well.The next year for Intel will be critical as the company attempts to regain lost market share and turn its foundry business into a sustainable endeavor. Here's what the company needs to do to get its stock back on track.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool