In a bid to reclaim its process-technology leadership, Intel became the first major chipmaker to commit to ASML’s next-generation high-numeric-aperture EUV system in early 2026. The agreement covers delivery of two high-NA tools slated for installation at Intel’s Fab 42 in Arizona by late 2027. With these systems capable of printing features below 1 nanometer, Intel expects a 25% reduction in extreme ultraviolet exposure time per wafer compared with its current EUV fleet, boosting Fab 42’s annual capacity by an estimated 15,000 wafers. This move follows a decade of lagging behind TSMC in process node rollout and underscores Intel’s strategy to accelerate its 2-nanometer and 1.4-nanometer process roadmaps through closer equipment partnerships.

For the quarter ended December 31, Intel reported non-GAAP earnings per share of $0.15, outpacing consensus by $0.07, on revenue of $13.67 billion, beating estimates by $0.30 billion. Data-center group revenue declined 2% year-over-year while client computing fell 6%, reflecting persistent inventory destocking. Gross margin expanded to 51.3% from 49.7% a year earlier, driven by cost savings initiatives. The company’s guidance for Q1 2026 calls for break-even non-GAAP EPS and revenue between $11.7 and $12.7 billion, implying sequential revenue contraction of up to 11%, a forecast that prompted several analysts to lower full-year estimates for margin recovery and free cash flow conversion.

In the most recent SEC filings, AE Wealth Management increased its stake by 20,072 shares to 656,816 shares, representing a 3.2% position lift and a year-end holding valued at approximately $22 million. Bank of Nova Scotia added 51,383 shares in Q2 2025, taking its total to 2.33 million shares worth $52.2 million, while Norges Bank established a new position valued at $1.58 billion. Vanguard Group remains the largest institutional holder with 385.9 million shares, up 2.3% during Q2. On the insider front, EVP David Zinsner acquired 5,882 shares during January, spending roughly $250,000, boosting his total ownership to 247,392 shares. This mix of institutional accumulation and selective insider buying underscores growing confidence in Intel’s multi-year turnaround plan.