Intel Corporation (INTC) Falls as Nvidia Stops Testing its Intel 18

Intel Corporation (NASDAQ:INTC) is among the Best Performing Quantum Computing Stocks in 2025. The share price of Intel Corporation (NASDAQ:INTC) fell around 3.54% on December 24, driven by Nvidia stopping the test run of Intel’s 18, which is a manufacturing process. The stock price has gained back 3.2% since the drop on Wednesday.

Intel’s 18 is a process that makes chip-making more efficient and faster. According to a report by Bloomberg released on the same day, the investors are mainly concerned because this process, which Nvidia has halted, was expected to help Intel Corporation (NASDAQ:INTC) compete with Taiwan Semiconductor Manufacturing Company. The news has raised concerns regarding the company’s ability to push forward in this competition. Moreover, this halt comes despite Nvidia’s $5 billion investment in Intel.

That said, Intel Corporation (NASDAQ:INTC) has gained around 80% year-to-date, surpassing the S&P 500 and Nvidia’s performance. Recently, on December 22, Bank of America Securities upgraded the credit rating of the company to Overweight from Market Weight. The firm noted that the company’s lower exposure to the AI demand cycle can act as a protection from the broader AI investment overheating concerns.

Moreover, the firm also raised its fiscal 2025 and 2026 EBITDA estimates by 20% and 18%. BofA sees the company’s leverage improving further in 2026, driven by improving balance sheets, strong AI-driven demand, and attractive valuation compared to its peers.

Intel Corporation (NASDAQ:INTC) designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Intel Products, Intel Foundry, and All Other segments.

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Disclosure: None. This article is originally published at Insider Monkey.