foundry strategy

Intel stock (NASDAQ: INTC) is under pressure today, giving back part of its huge 2025 rally as a fresh analyst note from Citi casts doubt on the company’s foundry ambitions, even while AI-related catalysts and Nvidia’s blockbuster earnings keep the long‑term narrative alive. As of early afternoon on November 20, 2025, Intel shares are trading around $34–$34.50, down roughly 2–3% on the day, after opening near $36 and swinging between an intraday high around $36.6 and lows just above $34. That’s a sharp reversal from recent strength — but even after today’s pullback, Intel remains up roughly three‑quarters year‑to‑date in 2025, according to a new Trefis/Forbes analysis. Forbes+1 Below