Intel Corporation (INTC)’s Stock Has Surged but Needs an Engineering Revival

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Intel Corporation (INTC)’s Stock Has Surged but Needs an Engineering Revival Fatima Gulzar Sun, June 28, 2026 at 2:45 PM EDT 2 min read INTC NVDA GOOGL AAPL Intel Corporation (NASDAQ:INTC) is among the Best Semiconductor Stocks . On June 23, The Wall Street Journal reported that Intel Corporation (NASDAQ:INTC)'s stock has climbed more than 550% over the past year since new chip partnerships and support from President Donald Trump lifted investor interest. However, the company still faces manufacturing challenges. The report stated that Trump converted previously committed US manufacturing funding into a 10% government equity stake last August. It also said Nvidia pledged to invest $5 billion and collaborate on CPU designs, Google partnered with Intel on CPUs and AI chips, Elon Musk tapped Intel for his chip-fab project, and Apple agreed to work with the firm on chip design and manufacturing. The WSJ reported that the tech firm has started shipping chips built on its 18A manufacturing process. Chief Financial Officer David Zinsner said yields have not yet reached levels that hold up gross margins. The report also said Intel Corporation (NASDAQ:INTC)'s segment Intel Foundry had about $5.4 billion in Q1 revenue and posted a $2.4 billion operational loss. Earlier this month, Bank of America analyst Vivek Arya upgraded Intel to Buy. The analyst underlined manufacturing progress, new external customers, and growing artificial intelligence demand. Intel Corporation (NASDAQ:INTC) designs, manufactures, and sells computer goods and technologies. It provides computing, networking, data storage, and communication platforms. The company operates in four segments, including Client Computing Group, Data Center and AI, Intel Foundry Services, and All Other. While we acknowledge the potential of INTC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy . Disclosure: None. Follow Insider Monkey on Google News .

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