Intel Corporation (INTC) Falls as Nvidia Stops Testing its Intel 18

Core Insights - Intel Corporation (NASDAQ: INTC) is recognized as one of the best-performing quantum computing stocks in 2025, despite a recent share price drop of approximately 3.54% due to Nvidia halting the test run of Intel's 18 manufacturing process [1][2] - The halt of Intel's 18 process raises concerns about the company's competitive position against Taiwan Semiconductor Manufacturing Company, especially given Nvidia's $5 billion investment in Intel [2] - Year-to-date, Intel's stock has increased by around 80%, outperforming both the S&P 500 and Nvidia, with Bank of America Securities upgrading Intel's credit rating to Overweight from Market Weight [3] Financial Performance - Bank of America has raised its fiscal 2025 and 2026 EBITDA estimates for Intel by 20% and 18%, respectively, indicating confidence in the company's financial outlook [4] - The firm anticipates further improvement in Intel's leverage by 2026, driven by a stronger balance sheet and robust AI-driven demand [4] Business Segments - Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services globally, operating through segments including Intel Products, Intel Foundry, and All Other [4]