Intel’s Stock Soars: A Farce of Fortune

The stage is set for a most curious spectacle: Intel (INTC) ascends, its shares leaping 7.4% by 11:38 a.m. ET, while the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) stumble, as if the market itself were a troupe of melancholic actors.

Behold the latest act: SoftBank, that grand puppeteer of capital, has draped itself in a $2 billion equity stake in Intel, securing 2% of the chipmaker’s fate at $23 per share. A fifth-largest shareholder, it now holds the stage, its investment a gavel striking the gavel of doubt.

Theatre of Validation

What folly! To invest in a company that once danced with rivals Nvidia and AMD in the AI arena, only to falter like a tragic hero. Yet here stands SoftBank, a patron of all things artificial, its pockets deep as the voids of OpenAI. A vote of confidence, they say-but is it not the same as a beggar’s coin, tossed into the abyss of hope?

Political Interlude

Just weeks prior, Lip-Bu Tan, Intel’s CEO, played the supplicant before President Trump, a man who once demanded his resignation, citing ties to the Chinese government. How the tables turn! The state, ever fickle, now claps for Intel’s “strategic importance,” its domestic factories a relic of American ingenuity-though one wonders if the applause is for the company or the spectacle.

Yet let us not mistake this for triumph. Intel’s sales sag like a weary bard, its profits as elusive as a ghost. The company’s metamorphosis-a reduction in fabrication capacity-now teeters on the edge of reversal, pressured by Trump’s whims and SoftBank’s gilded promises. A farce, truly, where the curtain may yet fall.

For the growth investor, the play is twofold: a gamble on renewal, a bet on the absurd. The stage is set, the actors poised. Will Intel rise, or will the curtain descend on another act of delusion? One can only watch, as the audience does, with bated breath and a wry smile.

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2025-08-19 19:17