In recent years, the loss of its technological lead in semiconductor chip design and manufacturing has come to define the plight of Intel (NASDAQ: INTC) stock. Chip designs from companies like Advanced Micro Devices (NASDAQ: AMD) , Apple , and NVIDIA (NASDAQ: NVDA) are beating the longtime tech darling at its own game, and its stock performance has lagged its rivals as a result. For some, Intel's comeback looks impossible.
However, CEO Pat Gelsinger appears intent on reclaiming Intel's technological lead and eventually its industry lead, and some recent national security threats faced by Taiwan Semiconductor Manufacturing (NYSE: TSM) could play a key role in that effort.
The threat of a Chinese invasion of Taiwan has received increasing news coverage in recent weeks following reports of rising concerns from some U.S. military officials. Chinese President Xi Jinping said in 2019 that Taiwan "must and will be" reunited with the People's Republic. According to Newsweek , Taiwan's intelligence agency has become more fearful lately of such a prospect as Xi faces reelection in 2022.
For further details see:
What Would a Chinese Invasion of Taiwan Mean for Intel Stock?