Intel’s share price has leapt more than 550% in the last year, propelling its market value past $700 billion. The surge follows a cascade of political and corporate moves: a former Biden‑era fund turned into a 10% government stake, and high‑profile partners pledging support. These events have turned investors’ focus from past setbacks toward a potential turnaround for the next quarter.

Earlier this year, former President Trump redirected a $5 billion allocation earmarked for U.S. manufacturing into Intel equity, giving the government a stake that signaled political backing. Nvidia followed, committing $5 billion to collaborate on CPU design, while Google, Elon Musk, and Apple announced joint ventures. These alliances aim to strengthen Intel’s product pipeline amid fierce competition for the high performance market.

Despite these gains, Intel still faces technical hurdles. Its new 18A process, developed under former CEO Pat Gelsinger, has finally entered production, marking a critical milestone. Yet, the decade‑long struggle to stay ahead of TSMC and AMD remains. Investors now weigh whether the recent momentum can translate into sustainable earnings or if the company will stall again for the market.