INTC Faces $20–$30 Tug-of-War Amid Foundry Strain
NASDAQ:INTC Stock Struggles at $24 as Government Stake Adds Fuel but Risks Remain
Intel Corporation NASDAQ:INTC closed Friday at $24.08, down 2.15%, slipping further in after-hours to $24.02. The stock has been unable to break past its $26 resistance band, even after the U.S. government finalized an $8.9 billion equity stake representing nearly 10% ownership. SoftBank added another $2 billion in fresh capital, but both cash infusions remain small compared to Intel’s massive $18 billion FY25 CapEx bill. Despite the liquidity boost, the market remains cautious as the foundry business continues to post heavy losses and drag on profitability.
INTC’s Market Position vs. Peers
Intel’s market cap stands at $112.46 billion, less than…
