Intel's Trading Volume Drops 32.4% to $1.344 Billion Ranking 52nd Amid Foundry Business Concerns

Generated by AI AgentAinvest Market Brief
Thursday, May 15, 2025 8:04 pm ET1min read
INTC--

On May 15, 2025, IntelINTC-- (INTC) saw a trading volume of $1.344 billion, a 32.4% decrease from the previous day, ranking 52nd in the day's stock market activity. The stock price rose by 0.14%.

Intel's stock price experienced a decline as investors reacted to comments made by the company's CFO regarding the limited progress in the foundry business. The CFO indicated that the foundry business is expected to break even sometime in 2027, which has raised concerns among investors about the company's ability to turn test chips into large-scale contracts.

Despite these challenges, Intel has made strategic moves to enhance its technological capabilities. On May 14, 2025, Intel and Shell plc announced a technological collaboration, with Intel certifying Shell's immersion cooling technology. This partnership aims to leverage advanced cooling solutions to support high-performance computing applications, potentially boosting Intel's competitive edge in the market.

However, the foundry business continues to face hurdles in winning customers, with most of the foundry revenue expected to remain internal. The launch of Panther Lake on Intel 18A is anticipated to address some of these challenges, but the company's ability to secure large-scale contracts remains uncertain.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

Latest Articles

Stay ahead of the market.

Get curated U.S. market news, insights and key dates delivered to your inbox.

Comments



Add a public comment...
No comments

No comments yet