Intel's stock has climbed back to levels not seen since the company's downturn in 2022, as the stock later fell to its tangible book value according to some Wall Street estimates. Over the years, the company has faced challenges such as executive changes, significant capital expenditures, and delayed foundry rollouts. Despite these issues, the stock has now recovered to its 2022 levels, reaching a high of $54.16 per share, a price last seen in January 2022. There have been no stock splits or similar events since then, apart from a gradual erosion of Wall Street's confidence in Intel's ability to execute effectively. During tough financial times, investors lost faith in Intel. However, as the company began to rebuild its reputation in the semiconductor sector, it emerged as a key player in supporting the United States' vision of semiconductor independence.
Intel's stock reached a low of $17.63 in April 2025 when the United States, under the Trump administration, imposed tariffs on several countries. However, the U.S. government invested $8.9 billion in Intel , securing the investment when the stock traded at $20.47 per share. This led to the government acquiring a 9.9% stake in the company through public market participation. Since then, several factors have influenced Intel's stock price, including new product rollouts, increased momentum in Intel Foundry after a period of stagnation and capital losses, and more confident roadmaps. Intel's internal restructuring under new CEO Lip-Bu Tan, who projected $10 billion in savings in operating expenses compared to the previous roadmap, has also contributed to the company's progress.