Intel’s Stock Has Soared, but It Needs an Engineering Comeback - WSJ
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Intel's stock has surged on new chip-supply deals and President Trump's backing, but the rally masks years of technical missteps that investors shouldn't overlook. The chipmaker must overcome engineering challenges that have long hindered its progress to truly recover its momentum.
Intel’s Stock Has Soared, but It Needs an Engineering Comeback - WSJ
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Intel’s Stock Has Soared, but It Needs an Engineering Comeback
The chip maker can get its mojo back, but it must overcome technical challenges that have dogged it in the past
By
Asa Fitch
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!Lip-Bu Tan, CEO of Intel Corporation, speaking at Computex 2026 with large screens showing CPU and GPU microchips.
*Lip-Bu Tan, Intel’s CEO, speaking in Taiwan this month.
Vernon Yuen/Nexpher Images/ZUMA Press*
New chip-supply deals and cheerleading from President Trump are giving IntelINTC 5.19% increase; up pointing triangle
momentum it hasn’t had in years. But the recent jump in the company’s stock belies years of technical missteps that investors shouldn’t be quick to forget.
Excitement about Intel began building last August, when Trump took money that had been committed to the company as part of a Biden-era U.S. manufacturing push and converted it into equity. That gave the U.S. government a 10% stake—and sent Intel’s stock skyward.