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855 Intel is Now Pricier Than TSMC: That Makes No Sense

The Information
Anita Ramaswamy @ The Information · 01/22/2026 12:06 EDT

Intel is Now Pricier Than TSMC: That Makes No Sense

Intel’s stock price has more than doubled in the past five months, since President Donald Trump announced the U.S. government would buy a 10% stake in the ailing chip manufacturer, followed by similar investments from SoftBank and Nvidia. Investors are betting the new capital, coupled with a surge in AI demand, will help resuscitate the company.

Those expectations will collide with reality when Intel reports fourth-quarter earnings late this afternoon, either making or breaking the rally. Intel bears say t

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