Intel Shares Triple YTD as Foundry Revenue Hits $5.4B Versus TSMC’s $35.9B
Intel shares have tripled YTD on optimism in its 18A and planned 14A processes even as foundry revenue was $5.4B in Q1 with only $174M from external clients. Institutional capital is rotating into semiconductor names to pursue the $132B data-center market, driven by Intel’s potential $5B Tenstorrent acquisition.
1. Stock Rally Driven by Process Optimism
Intel’s shares have tripled year-to-date driven by improving CPU demand and optimism in its 18A process and upcoming 14A node, reshaping investor perception beyond PC cycles.
2. Foundry Revenue vs TSMC Scale
In Q1, Intel Foundry generated $5.4B in revenue, of which only $174M came from external customers, compared with TSMC’s $35.9B, highlighting a substantial scale and customer trust gap.
3. Institutional Rotation and Tenstorrent Deal
Capital is shifting into semiconductor names to capture the $132B data-center market, exemplified by Intel’s proposed $5B acquisition of AI chip start-up Tenstorrent to bolster its foundry proposition.