Dear Intel Stock Fans, Mark Your Calendars for April 24

From Barchart: 2025-04-23 14:10:00

  1. A new study shows that global semiconductor sales reached $44.4 billion in June, a 6.5% increase from May. The strong demand for electronics continues to drive growth in the industry.
  2. The United States announced plans to invest $52 billion in domestic semiconductor production as part of efforts to boost supply chain resilience and compete with China’s chip industry.
  3. Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 20% increase in revenue for the second quarter, driven by strong demand for 5G smartphones and high-performance computing chips.
  4. Intel unveiled plans to invest $20 billion in two new chip-making plants in Arizona, aiming to regain market share lost to competitors like TSMC and Samsung.
  5. The global chip shortage is expected to persist into 2022, impacting industries like automotive, consumer electronics, and telecommunications. Manufacturers are working to increase production capacity to meet demand.



Read more at Barchart: Dear Intel Stock Fans, Mark Your Calendars for April 24