{"id":13718,"date":"2025-10-24T13:34:10","date_gmt":"2025-10-24T11:34:10","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/intel-shares-jump-as-investments-cost-cuts-catapult-turnaround-efforts\/"},"modified":"2026-02-27T16:26:32","modified_gmt":"2026-02-27T14:26:32","slug":"intel-shares-jump-as-investments-cost-cuts-catapult-turnaround-efforts","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/intel-shares-jump-as-investments-cost-cuts-catapult-turnaround-efforts\/","title":{"rendered":"Intel shares jump as investments, cost cuts catapult turnaround efforts"},"content":{"rendered":"<p>This is as investors rallied behind Chief Executive Officer (CEO) Lip-Bu Tan&#8217;s aggressive cost-cutting measures that helped the chipmaker surpass quarterly profit estimates and regain stability amid a flurry of high-stakes bets on future growth.<\/p>\n<p>&nbsp;<\/p>\n<p>The results mark a turning point for Intel, which has struggled to maintain relevance in the face of fierce competition and manufacturing setbacks. After a bruising 2024 that saw its first annual loss in nearly four decades, the company is now leaning on strategic investments and operational discipline to rebuild investor confidence.<\/p>\n<p>&nbsp;<\/p>\n<p>Intel also drew support during the quarter from multi-billion-Dollar investments by Nvidia and Japan&#8217;s SoftBank as well as a United States (US) government stake, moves that offered a financial cushion as it works to revive growth.<\/p>\n<p>&nbsp;<\/p>\n<p>These investments, along with Tan&#8217;s turnaround efforts, have offered a lifeline to the stock, which has rebounded by more than 90% in 2025, outperforming artificial intelligence (AI) chip leaders Nvidia and AMD. Intel trades at a 12-month forward price-to-earnings ratio of 71.51 versus 30.49 for Nvidia and 40.14 for AMD. &#8220;Intel has turned a corner and is steadying the ship,&#8221; said Ben Bajarin, CEO of Creative Strategies. &#8220;It feels like a strong setup for 2026.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>Intel said demand for its chips was outpacing supply, particularly in data centres where operators are upgrading central processing units to support AI workloads.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":13719,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-13718","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Intel shares surged nearly 9% in premarket trading on Friday. ","published_date":null,"news_description":"Intel shares surged nearly 9% in premarket trading on Friday. ","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/13718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/13718\/revisions"}],"predecessor-version":[{"id":18710,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/13718\/revisions\/18710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13719"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=13718"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=13718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}