About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Core Points - Intel is set to receive $7.9 billion in federal grants from the Biden administration as part of the CHIPS Act [1][2] - The grant amount is $600 million less than the initially announced $8.5 billion due to a separate $3 billion grant for military chip production [2] - Intel is expected to receive at least $1 billion of the total grant before the end of the year [3] - The CHIPS Act funding will support Intel's plans to increase semiconductor production in the US, with nearly $90 billion in investments expected by the end of the decade [4] - Intel's CEO emphasized the importance of bipartisan support for restoring US technology and manufacturing leadership [5] - Intel's share price has decreased by almost 50% this year, with significant losses and layoffs reported [5] - Qualcomm's interest in acquiring Intel has diminished due to complications in the acquisition process [6]

According to media reports, the U.S. government is considering reducing Intel Corporation (INTC) 's federal chips grant under the CHIPS and Science Act from $8.5 billion to less than $8 billion. On the condition of anonymity, various sources associated with the proceedings observed that the decision was largely because Intel had procured a $3 billion contract from the Pentagon to produce chips for the U.S. military.Intel’s delay in some of its planned investments in chip facilities in Ohio might have also i ...

Even massive help from the government can't make Intel stock a buy.Intel (INTC 3.58%) stock gained 4.1% through 9:45 a.m. ET Monday morning after CNBC reported this morning that the U.S. Commerce Department is close to awarding Intel an $8 billion subsidy to assist with expanding its semiconductor chip operations.The Wall Street Journal had previously reported (last week) that this grant was on the way.Good news, bad newsOne quirk to this story is that last week, WSJ indicated Intel was in line for an $8.5 ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical ...

Chipmaker Intel and the CHIPS Act Office are close to finalizing a deal which would award the company a roughly $8 billion grant, according to a person familiar with the matter, as the Biden administration moves to dole out funds before President-elect Trump's inauguration.That $8 billion will go towards Intel's factory-building efforts, said the person. The Commerce Department is expected to finalize the awards in the coming weeks, the person said.Intel is also in line for a $3 billion contract to manufact ...

Core Viewpoint - Citadel Advisors, led by Ken Griffin, has significantly increased its stake in Intel, acquiring 11.7 million shares in the third quarter, nearly tripling its position in the semiconductor company [3][4]. Group 1: Citadel's Investment in Intel - Citadel's stake in Intel increased by 172% in the third quarter, with shares owned rising from 6.8 million to 18.5 million over the last five quarters [3][4]. - The fund's recent purchase of 11.7 million shares indicates a strong bullish sentiment towards Intel [4]. Group 2: Market Context and Potential - The CHIPS Act, which allocates $280 billion to boost U.S. semiconductor manufacturing, may benefit Intel significantly, aligning with the interests of the incoming administration [5][6]. - Despite a challenging year for Intel, with shares down over 50%, there is speculation that the stock may have bottomed out, potentially leading to a rebound [7][11]. Group 3: Intel's Challenges and Outlook - Intel has faced operational difficulties and lost market share to competitors, leading to its removal from the Dow Jones Industrial Average [7][10]. - The company is undergoing a turnaround phase, and while there are signs of potential recovery, the investment outlook remains speculative [12][13].

Group 1 - The company PropNotes specializes in identifying high-yield investment opportunities for individual investors [1] - PropNotes leverages a background in professional Prop Trading to simplify complex investment concepts and provide actionable advice [1] - The analysis produced by PropNotes aims to assist investors in making informed market decisions, supported by unique expert research [1] Group 2 - The article does not contain any specific stock or derivative positions held by the analyst, nor plans to initiate such positions in the near future [2] - The opinions expressed in the article are solely those of the author and do not reflect the views of Seeking Alpha as a whole [3] - Seeking Alpha clarifies that past performance does not guarantee future results and does not provide specific investment recommendations [3]

Market Position and Competitive Landscape - Intel has fallen behind AMD in the server CPU market due to AMD's more powerful and energy-efficient chips, leveraging TSMC's advanced manufacturing technology [1] - Intel has closed the gap with AMD in 2024 by launching two new server CPU families, Granite Rapids and Sierra Forest, manufactured partly on the Intel 3 process, which is more advanced than Intel 7 [2] - Intel is expected to gain more ground in 2025 with the launch of Clearwater Forest, a crucial product for the company [3] Product Development and Innovation - Clearwater Forest, the successor to Sierra Forest, will feature at least 144 efficiency cores, with a 288-core version in development, targeting cloud computing workloads [4] - Clearwater Forest will be one of the first products to use the Intel 18A manufacturing process, which is expected to be the most advanced when launched, potentially reclaiming Intel's manufacturing edge over TSMC [5] - Intel 18A will introduce new transistor types, backside power delivery, and 3D cache technology, promising significant efficiency and performance improvements [6] Strategic Goals and Foundry Business - Intel aims to become the second-largest semiconductor foundry by 2030, with Intel 18A being a critical component of this strategy [8] - The company has secured customers like Microsoft and Amazon for Intel 18A but needs more third-party chip orders to justify its massive manufacturing investments [8] - Clearwater Forest's success could serve as a strong marketing tool for Intel 18A, potentially attracting TSMC's biggest customers if it delivers on performance and efficiency [9] Industry Challenges and Outlook - Intel's turnaround has been slow, impacted by a post-pandemic slump in the PC market and a shift in data center spending toward AI chips [10] - Despite challenges, Intel 18A is on track, and Clearwater Forest could revitalize the company's server CPU business while promoting its foundry capabilities [10]

I'm a Ukraine-based seasoned investor, who firsthand experienced what’s it like to live in an environment full of systemic geopolitical shocks when the war came to my home country. Despite this, I managed to build an all-weather portfolio that has been able to thrive in volatile markets. My goal is to help investors find event-driven geopolitical ideas that can generate strong returns during periods of economic and political uncertainty.Analyst’s Disclosure: I/we have a beneficial long position in the share ...