NewsMV
Intel (INTC) shares have quadrupled in what reporting on the company describes as a recovery from the brink. The move in the stock has been the easy part.
Establishing Intel as a credible manufacturing rival to Taiwan Semiconductor Manufacturing Company (TSM) is the harder test, and one that remains unresolved.
The comeback in context Intel holds the designation of America's chip champion, a title built on decades as the defining name in domestic semiconductor manufacturing.
The brink the reporting references is a period when that standing came under serious pressure. The recovery has been enough to move the shares.
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