Peter Smith
● Intel Corporation ($INTC) just wrapped up its best weekly close since April 2024, according to a recent post from OnlyOptionsTrades. The stock has rocketed up 85% in just three months—a pretty dramatic turnaround that's got people buzzing about the U.S. chipmaker's comeback in the cutthroat semiconductor world.
● This rally isn't just noise. It shows that investors are starting to believe Intel's big restructuring push and AI pivot are actually working. The company's been going all-in on next-gen chip development, advanced foundry services, and AI-powered processors, trying to go head-to-head with heavyweights like Nvidia and TSMC. Wall Street's response suggests that Intel's turnaround story—which honestly looked pretty shaky for a while—is finally starting to feel real.
● That said, this is one of Intel's strongest short-term runs in years, but analysts aren't popping champagne just yet. Keeping this momentum going will depend on whether Intel can actually deliver on its promises. The company's still up against fierce competition from rival AI chipmakers and dealing with messy global supply chains that could make staying profitable tough. But the vibe has definitely shifted. People are optimistic, betting on growing chip demand from AI infrastructure, data centers, and edge computing.
● As OnlyOptionsTrades put it: "Intel just had its highest weekly close since April 2024 — up 85% in the past three months." That really captures how big this breakout is. And it's happening during a wider rally in semiconductor and AI stocks, with investors jumping back into hardware companies after months of tech stocks just treading water.
● Intel's comeback is a solid reminder that old-school chipmakers can still hang in the AI hardware game. If they keep delivering on their roadmap—especially with ramping up domestic manufacturing and rolling out innovative products—they could lock in their spot as one of the most critical players in the global chip industry heading into 2025.
Peter Smith
