How Intel Was the S&P 500’s Most sensible Performer This Week

Key Takeaways
Intel’s inventory was once the S&P 500’s best performer this week after the chipmaker named a brand new CEO.The corporate introduced Wednesday that veteran semiconductor govt Lip-Bu Tan will likely be its new CEO, efficient March 18.The appointment additionally follows hypothesis about deal talks, with Reuters reporting TSMC approached different chip companies about forming a three way partnership to run Intel’s foundry.
Intel’s (INTC) inventory was once the S&P 500’s best performer this week after the chipmaker named a brand new CEO amid hypothesis about the way forward for its foundry trade.

The corporate introduced Wednesday that Lip-Bu Tan, the previous CEO of semiconductor device company Cadence Design Programs (CDNS), will turn out to be its new CEO as of subsequent Tuesday, sending stocks hovering. They have added with regards to 17% this week, at $24.05 as of Friday’s shut.

Deutsche Financial institution analysts referred to as the transfer a “fascinating end result” for Intel, highlighting Tan’s “in depth experience within the semiconductor ecosystem.”

Financial institution of The united states analysts recommended Tan may just bring in a strategic shift for the corporate’s foundry trade, which has been the topic of acquisition rumors for months. Previous within the week, Reuters reported Taiwan Semiconductor Production Corporate (TSM) approached different chip companies Nvidia (NVDA), Complicated Micro Gadgets (AMD), and Broadcom (AVGO) about forming a three way partnership to possess and run the U.S. chipmaker’s foundry department.

The foundry has additionally been considered as a possible beneficiary of the Trump management’s said objective of making sure synthetic intelligence chips are designed and manufactured within the U.S. The Reuters document mentioned Trump requested TSMC for lend a hand in turning round Intel.

With this week’s features, Intel’s inventory is up 20% in 2025, making it the best-performing chip inventory at the S&P 500 for the yr up to now. That’s a stark alternate from 2024, which noticed the chipmaker’s inventory lose greater than part of its price.