Intel shares have more than quadrupled since CEO Lip-Bu Tan took leadership in March 2025. Strong AI-driven demand for CPUs and strategic investments from Nvidia and SoftBank fueled the recovery. This turnaround follows a period of substantial losses and intense competitive pressure throughout 2024.
However, a previously undisclosed deal for Intel’s foundry to manufacture Arm’s new AI data center chip reportedly collapsed in 2024. This failure underscores the hurdles Intel faces in positioning its manufacturing division as a viable alternative to TSMC.