INTC | Weekly | Haru Insights

Intel’s stock plummeted 20% since June 22, driven by rising concerns over AI infrastructure overcapacity and a sharp reversal in investor sentiment despite earlier gains.
The delayed 18A process technology ramp has become the central risk factor, severely undermining confidence in Intel’s foundry turnaround and casting serious doubt on its long-term execution timelines and strategic credibility.

Intel’s AI infrastructure revenue now accounts for 60% of total sales with strong year-over-year growth, signaling a credible pivot beyond legacy PC markets and validating its aggressive AI-first strategy.
The breakthrough in risk production of the 18A node, even if delayed, is a foundational technical milestone that proves Intel’s IDM 2.0 vision is viable and positions it as a serious contender in global semiconductor manufacturing.
Strategic alliances with NVIDIA, Google, and SoftBank, coupled with $7.86B in CHIPS Act funding, underscore growing geopolitical and institutional trust in Intel’s role as a national semiconductor pillar.
Despite execution hiccups, Intel’s ability to secure major institutional partnerships and government backing reflects persistent belief in its long-term strategic relevance and resilience.
The AI revenue surge and technological progress on 18A suggest Intel is not merely surviving but actively redefining its competitive edge in a high-stakes industry — a rare sign of revitalization.

Intel Corporation (INTC)[Tv]