Intel's upbeat outlook suggests CEO Lip-Bu Tan is making progress on a turnaround, having strengthened the company's balance sheet and now improving operations (Ian King/Bloomberg)

Ian King / Bloomberg: Intel's upbeat outlook suggests CEO Lip-Bu Tan is making progress on a turnaround, having strengthened the company's balance sheet and now improving operations — Intel's Strong AI-Fueled Forecast Tops Estimates — Intel Corp. shares hit a record high after the chipmaker delivered …

Texas Instruments reports Q1 revenue up 19% YoY to 4.83B, vs. 4.52B est., and forecasts Q2 revenue above estimates; TXN jumps 10%+ after hours (Ian King/Bloomberg)
Intel added 100B+ in value and now has a 300B+ market cap after its stock jumped 53% in nine sessions on plans to buy an Ireland fab and join Terafab (Bloomberg)
The value of US government's stake in Intel has increased fourfold to ~36B, since an August 2025 announcement that the US will buy a stake worth 8.9B (Bloomberg)
TSMC CEO C.C. Wei says TSMC checked with customers about AI demand and was reassured that it was still strong amid the Iran war, as it raises revenue forecasts (Wall Street Journal)

Source: Techmeme | 2026-04-25

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