Saad Ullah
Intel was supposed to be America's semiconductor comeback story. With billions in government subsidies flowing through the CHIPS Act and politicians cheering domestic chip production, you'd expect the stock to be soaring. Instead, INTC sits stubbornly around $25, barely budging despite all the fanfare.
The disconnect is glaring. While rivals like NVIDIA have become market darlings, Intel can't seem to catch a break. It's a classic case of Wall Street looking past the headlines and focusing on what really matters: can this company actually execute?
Intel (INTC) Price Faces Reluctant Investors
Market analyst @aaronbasile has been tracking Intel's struggles, and the numbers tell a sobering story. Trading at $24.91 with a slight daily gain, the stock remains trapped well below key moving averages. The 50-day sits at $34.36, while the 200-day hovers at $34.24 – both serving as constant reminders of how far Intel has fallen.
What's particularly frustrating for bulls is the lack of sustained momentum. Every time INTC shows signs of life, sellers emerge to cap the rally. It's as if the market has collectively decided that Intel's turnaround story isn't worth betting on yet.
Subsidies Alone Are Not Moving the INTC Price
Here's the thing about government subsidies – they're great for press releases, but they don't automatically translate to stock gains. Points out that despite billions in CHIPS Act funding, Intel still faces the same fundamental challenges: production hiccups, lost market share, and fierce competition in AI chips.
The chart shows a clear resistance ceiling around $26.85. Every time Intel approaches this level, it gets smacked down. It's like there's an invisible wall that bulls just can't break through. Meanwhile, the company's competitors are racing ahead in the AI revolution, leaving Intel looking increasingly outdated.
Outlook for Intel (INTC) Price
So what's it going to take for Intel to finally break free? Bulls need to see real progress on the company's manufacturing roadmap and some credible wins in next-gen chip technology. A clean break above $26.85 could unleash pent-up buying and push the stock toward the $30-34 range.
But there's a darker scenario too. If Intel can't hold the $25 line, we could see a test of $20 support – a level that would really test investors' patience.
Saad Ullah
