Intel Stock: Everything Rides On 18A, I’m Bullish (NASDAQ:INTC)

Sean Gallup/Getty Images News Investment Thesis In light of recent US government grants for domestic chip production, I believe Intel (NASDAQ:INTC)'s foundry business is expected to be a key factor in their future growth and currently underappreciated. Intel's fabrication unit is starting to capitalize on the semiconductor industry’s shift towards supply chain diversification by bringing together desired supply chain rigidness from customers with brand new 18A technology from Intel. By using its soon-to-be-produced advanced 18A process node, Intel may be able to overcome TSM’s current dominance on the market. Intel Foundry Services (IFS) has seen substantial growth, with revenue increasing…