Intel Corporation shares declined 1.30% to $46.18 following a broader technology sell-off, despite the company reaching key milestones in its "double pivot" strategy under CEO Lip-Bu Tan.
- The critical 18A process node has reportedly entered high-volume manufacturing, currently powering the newly launched Panther Lake processors.
- Analysts at DA Davidson maintain a "show me" outlook, emphasizing that 18A yield rates remain the essential factor for Intel to challenge TSMC’s foundry leadership.