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Intel boost to chip manufacturing, AI data centres sends its shares soaring

Trending:Iran protestsUS takeover of GreenlandShaksgam ValleyEpstein filesIndia vs New ZealandIndia stops 10-min deliveryIntel boost to chip manufacturing, AI data centres sends its shares soaringFP Tech Desk • January 14, 2026, 11:24:51 ISTWhatsapp Facebook TwitterIntel’s stock rally continues as investor optimism grows, buoyed by major investments from Nvidia and the US government that have revived confidence in its chip manufacturing future. AdvertisementSubscribe Join Us+ Follow us On GoogleChoose Firstpost on GoogleIntel shares surgeIntel’s stock surged more than 6 per cent on Wednesday, buoyed by renewed investor confidence in its long-struggling chip manufacturing arm and optimism surrounding its latest push into AI computing. The jump followed the company’s unveiling of Panther Lake, its next-generation AI PC chips,  and, crucially, the first product built using Intel’s long-awaited 18A manufacturing process. The launch marks a turning point for the US semiconductor giant, which has spent years fighting to regain credibility as a leader in advanced chipmaking. STORY CONTINUES BELOW THIS ADIntel boost to chip manufacturingIntel’s foundry business began 2025 on shaky ground. After a string of costly missteps and missed deadlines, CEO Pat Gelsinger was forced out, leaving the company’s future uncertain.

Intel shares surge

Intel shares surge

Credit: Firstpost

Key Highlights

  • His replacement, chip industry veteran Lip-Bu Tan, took charge in March with a mandate to stabilise operations. He swiftly embarked on a wave of cost-cutting, selling non-core assets and trimming expenses.
  • But even as Tan’s efforts gained traction, scepticism lingered over Intel’s ability to compete with Taiwan Semiconductor Manufacturing Co.
  • (TSMC), the world’s dominant chip foundry. More from Tech Is OpenAI working on Apple AirPods rival?
  • Leak suggests special audio hardware in pipeline AI boom triggers energy clash between Big Tech and US grid operatorsThat uncertainty began to fade in August, when a pivotal meeting between Tan and President Donald Trump reshaped Intel’s fortunes.
  • The Trump administration soon announced a sweeping $10 billion investment in the company, a move that made the US government Intel’s single largest shareholder. Barely a month later, Nvidia joined the fray, revealing a $5 billion investment of its own and pledging to collaborate with its long-time rival on data centre technology. Those twin announcements injected both capital and credibility into Intel’s turnaround story.
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Sources

  1. Intel boost to chip manufacturing, AI data centres sends its shares soaring

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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