Intel’s Comeback Had a Trump & Musk Factor, but CEO Lip-Bu Tan’s Biggest Opportunity Lies Ahead

Intel’s turnaround under CEO Lip-Bu Tan is gaining momentum, with U.S. government support and rising investor confidence.

Manufacturing progress on 18A and Panther Lake is improving sentiment, while attention from Trump, Musk, and major tech firms adds visibility.

The bigger test is whether Intel can land real foundry customers and turn interest into recurring revenue.

If execution holds, Intel could strengthen its role in AI chips and U.S.-based manufacturing, but the recovery is still fragile.