How Intel Became the S&P 500’s Top Performer This Week
Key Points
- Intel’s stock is the best performance for the S&P 500, the chipmaker has appointed a new CEO.
- The company announced on Wednesday that experienced semiconductor executive mouth Tan will serve as new CEO starting March 18.
- Appointments also follow speculation about transaction negotiations and Reuters Report TSMC contacts other CHIP companies to establish a joint venture to operate Intel’s foundry.
Intel(INTC) Stocks are the best performance after chipmakers this week Appointed as new CEO Speculation about the future of its foundry business.
Lip-Bu Tan, former CEO of semiconductor software company Cadence Design Systems, announced Wednesday, the company (CDN), which will become its new CEO as of next Tuesday, has caused the stock to soar. This week, they increased by nearly 17%, and as of Friday’s end, they were priced at $24.05.
Deutsche Bank analysts called the move “Ideal result“For Intel, it emphasizes Tan’s “widespread expertise in the semiconductor ecosystem.”
Bank of America analysts suggest TAN can bring a strategic shift to the company’s foundry business, which has become a acquisition rumor for months. Earlier this week Reuters Report Taiwan Semiconductor Manufacturing Company (TSM) Close to other chip companies nvidia(NVDA), advanced micro-equipment (AMD) and Broadcom (avgo) Establish a joint venture to own and operate a foundry agency of American chip manufacturers.
Foundries are also seen as potential beneficiaries of the Trump administration State the goal Ensure that AI chips are designed and manufactured in the United States Reuters The report said Trump turned to TSMC for help turning Intel’s help.
Intel’s stock grew 20% in 2025 with earnings this week, making it the best-performing stock of chips in the year to date. This is a noticeable change compared to 2024, which has lost more than half of the value of chipmaker stocks.