INTEL'S STOCK has nearly tripled in twelve months. Its chief executive has been celebrated as a turnaround artist. The United States government, Nvidia, SoftBank, Apollo, and now Elon Musk have all attached their names and capital to the company in rapid succession — the latest being Tuesday's announcement that Intel will help build Musk's audacious Terafab project, which sent shares up 4.2% to $52.91. By every visible measure, Lip-Bu Tan's first year has been a triumph. By one measure that does not yet appear on any chart, it has not been a turnaround at all.
Become a member to keep reading
Already a member? Sign in with your email at the top.
Start your 7-day free trialMembership includes:
- Full access to every article across all six domains
- 25+ original analytical articles each week
- The complete Vector archive, fully searchable
- Proprietary data visualizations and charts