Intel Earnings Preview: Strong Quarter Needed to Keep Path Open Toward Past Highs

Intel's (NASDAQ:INTC) share price has swung sharply in recent months. It fell to multi-year lows during the summer, then climbed to its highest level in three years. Part of that rebound came after the US government bought a 9.9% stake in Intel and backed the company with guaranteed orders. Confidence improved further when NVIDIA (NASDAQ:NVDA) bought $5 billion worth of Intel shares. These moves reflect the wider push by the US to strengthen its domestic chip industry and reduce reliance on overseas rivals, ...