Overview

• Intel's stock has risen over 20% this week, driven by reports of potential collaboration with Taiwan Semiconductor Manufacturing Company (TSMC).
• Speculation suggests a joint venture where TSMC engineers would assist Intel's 3nm and 2nm fabrication plants, potentially leading to a co-owned entity eligible for CHIPS Act funding.
• U.S. Vice President JD Vance emphasized the administration's focus on boosting domestic AI chip production, which analysts believe could benefit Intel.
• Intel aims to regain competitiveness with its upcoming 18A process node, with products like Panther Lake and Clearwater Forest set for launch in 2025 and 2026, respectively.
• The company faces internal challenges, including recent leadership changes and struggles in the AI market, but new processor launches and favorable policy shifts offer potential growth opportunities.