Marketplace · Friday, July 24, 2026
Chris Miller attributes Intel's comeback primarily to the surge in demand for its CPU chips driven by AI, which has boosted revenues and stock price. Analyst Angelo Zino notes that government support, including the CHIPS Act, has helped Intel expand manufacturing capacity, influencing other investments and potentially positioning companies like Nvidia favorably with the US government.
“Government support, yes, but most importantly, the demand for the CPU chips that the company produces has surged because of AI.”
“That's the primary reason that Intel's revenues have increased and its stock price has done very well.”
“The federal government, as an investor, is helping Intel build out its manufacturing capacity to meet that demand, says analyst Angelo Zino at CFRA.”
“It actually pushed others to also make investments. SoftBank invested $2 billion. Intel, another $5 billion to help expand domestic chip production.”