INTC | Weekly | Haru Insights

Intel’s Q2 2026 earnings report on July 23 is the defining event of the week, serving as the ultimate litmus test for its AI-driven turnaround, with market expectations centered on 18A process yields, Xeon 6 demand, and foundry profitability.
Intel’s deployment of ASML’s High-NA EUV lithography system for high-volume production of its 18A node marks the most significant technical milestone in over a decade, positioning the company at the leading edge of semiconductor manufacturing and signaling a strategic shift from catch-up to competitive parity.

The 182–323% YTD stock surge reflects a powerful market re-rating, driven by tangible progress in AI, data center demand, and elite manufacturing—proof that the turnaround narrative is gaining irreversible momentum.
The $5.7 billion Leixlip expansion and first commercial use of ASML’s High-NA EUV confirm Intel’s transformation into a pioneering force in advanced chipmaking, with real implications for AI and European tech sovereignty.
High-profile foundry deals with Apple, TeraFab, Google, and NVIDIA validate Intel’s IDM 2.0 strategy, turning its foundry ambitions into a credible, globally strategic growth engine.
HSBC and KeyBanc upgrades to $200 and $155 reflect renewed institutional confidence in Intel’s full-stack capabilities, including software (OpenVINO) and ecosystem integration (Gemini Enterprise).
The 18A node’s commercialization via High-NA EUV isn’t just a technical win—it’s a strategic reset, signaling that Intel is no longer playing catch-up but leading the next generation of chip scaling.

Intel Corporation (INTC)[Tv]