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Intel (Intc) Early Friday was on the way to achieve his best weekly strain in almost 40 years before the rally broke through.
The shares slipped 2%on Friday. This has still had supplies 23.6% from the beginning of the week-so-social return, although less than almost 30% per week, seen earlier on Friday, which would indicate the best five-day section of the shares since 1987.
Intel was one of the worst stocks in S&P 500 last year, when the shares were lost 60% of its value and the American chip manufacturer was dropped from a blue chip. The company tried to monitor competitors in the race for the development of AI chips and invested billions into an uncertain turnaround.
Stocks Encouraged at the beginning of this week When Vice President JD Vance, speaking at AI conference in Paris, said Trump’s administration would take steps to ensure that AI chips were designed and manufactured in the US Intel Livno, which manufactures chips for third parties, could benefit from Trump forcing technological companies to invent their technology in the country. Intel Foundry was a great bet of former Pat Gelsinger director, who lost more than $ 13 billion last year.
Shares have received another guess from an Intel May this week Partner with Taiwanese semiconductor production CO. (Tsm), the world’s largest chip manufacturer and the main competitor of Intel Foundry, to make chips in the United States -ui benefits from protectionist policies conducted by Trump and Former President Joe Biden.
Citi analysts said on Thursday that they were not optimistic about the benefits of such an arrangement; In their view, Intel would fight to adapt to TSMC’s processes and work arrangements. “We still believe that Intel should leave the foundry,” they concluded.
The rumor about TSMC was only the last in a rumor. Qualcomm (Qcom) allegedly Intel approached last year at propose downloadand analysts have speculated that BroadcomAvgo) Could be interested in In the acquisition of the company.
Update – February 14, 2025: This article has been updated to reflect Intel’s final price on Friday.
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