<p><strong>英特尔</strong>(INTC -3.88%) 的股票本周出现波动，投资者似乎在这家受挫的传统芯片制造商中发现了机会，受到多项不同新闻的影响。</p>
<p>尽管该公司在人工智能 (AI) 热潮中大多扮演着老迈落后的角色，但本周的发展提醒人们，这只股票拥有一些可以说被低估的资产。</p>
<p>根据标普全球市场情报的数据，截至周四收盘，该股票本周上涨了 26%。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MDc3NTEvY2hlc3MtcGllY2VzLW9uLWJvYXJkLXN0cmF0ZWd5LmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MDc3NTEvY2hlc3MtcGllY2VzLW9uLWJvYXJkLXN0cmF0ZWd5LmpwZyZ3PTcwMA"/></p>
<p>图片来源：Getty Images。</p>
<h2>华尔街传闻提振英特尔</h2>
<p>英特尔正在进行多年转型，开放其代工业务给新客户。在去年 12 月迫使首席执行官帕特·基辛格 (Pat Gelsinger) 下台后，关于英特尔是否会完全出售代工业务并仅寻求成为芯片设计商的问题浮出水面。</p>
<p>然而，这一资产基础也使得英特尔在美国政策将芯片生产迁回美国的背景下显得具有吸引力。</p>
<p>这一逻辑与本周推动英特尔股票上涨的两个主要因素相关。首先，传闻开始流传，全球最大的芯片代工厂 <strong>台积电</strong> 可能与英特尔形成某种合资企业，以帮助其在美国制造先进芯片。这些传闻似乎并非来自任何一家公司，而是基于联邦政府希望将美国打造成芯片制造中心的愿望在媒体中演变而来。</p>
<p>相关地，在副总统 JD·范斯 (JD Vance) 表示特朗普政府将 “确保最强大的 AI 系统在美国使用美国设计和制造的芯片构建” 后，股票也获得了提振。</p>
<p>投资者将此解读为对英特尔的好兆头。</p>
<h2>英特尔的代工业务是资产还是负担？</h2>
<p>英特尔每年损失数十亿美元，但该公司是美国最大的芯片制造商，这在联邦政府希望将芯片生产带回美国的背景下可能带来优势。</p>
<p>将这一政策变为现实迄今为止证明比预期更为困难，一些立法者对美国通过《芯片法》向这家挣扎中的公司投入数十亿资金的做法表示怀疑。</p>
<p>在这一点上，本周的涨幅似乎主要基于推测，但这确实显示出代工业务推动股票复苏的潜力。不过，仅此并不足以成为购买英特尔股票的理由。</p>

英特尔

<p>英特尔的股票本周飙升了 26%，这主要是由于关于潜在合作伙伴关系和公司被低估资产的猜测。与台积电在美国共同制造先进芯片的传闻，以及副总统 JD Vance 对美国芯片生产的支持性评论，增强了投资者的信心。尽管持续亏损，英特尔作为美国最大的芯片制造商的地位与政府增强国内生产的努力相一致。然而，这些涨幅主要基于猜测，建议潜在投资者保持谨慎</p>

<p>Shares of <strong>Intel</strong>(INTC -3.88%) were on the move this week, on a number of different news items as investors seemed to spy opportunity in the beaten-down legacy chipmaker.</p>
<div class="lb-trans"><p><strong>英特尔</strong>(INTC -3.88%) 的股票本周出现波动，投资者似乎在这家受挫的传统芯片制造商中发现了机会，受到多项不同新闻的影响。</p>
</div><p>While the company has mostly played the role of the aging laggard in the artificial intelligence (AI) boom, this week's developments were a reminder that the stock has a number of assets that are arguably undervalued.</p>
<div class="lb-trans"><p>尽管该公司在人工智能 (AI) 热潮中大多扮演着老迈落后的角色，但本周的发展提醒人们，这只股票拥有一些可以说被低估的资产。</p>
</div><p>According to data from S&amp;P Global Market Intelligence, the stock was up 26% for the week as of Thursday's close.</p>
<div class="lb-trans"><p>根据标普全球市场情报的数据，截至周四收盘，该股票本周上涨了 26%。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MDc3NTEvY2hlc3MtcGllY2VzLW9uLWJvYXJkLXN0cmF0ZWd5LmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F807751%2Fchess-pieces-on-board-strategy.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>Wall Street rumors buoy Intel</h2>
<div class="lb-trans"><h2>华尔街传闻提振英特尔</h2>
</div><p>Intel is in the middle of yearslong pivot of opening its foundry business up to new customers. After forcing CEO Pat Gelsinger out in December, there have been questions about whether Intel would sell the foundry business outright and just seek to be a chip designer.</p>
<div class="lb-trans"><p>英特尔正在进行多年转型，开放其代工业务给新客户。在去年 12 月迫使首席执行官帕特·基辛格 (Pat Gelsinger) 下台后，关于英特尔是否会完全出售代工业务并仅寻求成为芯片设计商的问题浮出水面。</p>
</div><p>However, that asset base also makes Intel attractive at a time when U.S. policy is to move chip production back to the U.S.</p>
<div class="lb-trans"><p>然而，这一资产基础也使得英特尔在美国政策将芯片生产迁回美国的背景下显得具有吸引力。</p>
</div><p>That logic ties into the two primary factors lifting Intel stock this week. First, rumors started circulating that <strong>TSMC</strong>, the world's biggest chip foundry, could form some kind of joint venture with Intel to help it manufacture advanced chips in the U.S. These rumors don't seem to have come from either company, and instead evolved in the media based on the federal government's desire to make the U.S. a hub of chip manufacturing.</p>
<div class="lb-trans"><p>这一逻辑与本周推动英特尔股票上涨的两个主要因素相关。首先，传闻开始流传，全球最大的芯片代工厂 <strong>台积电</strong> 可能与英特尔形成某种合资企业，以帮助其在美国制造先进芯片。这些传闻似乎并非来自任何一家公司，而是基于联邦政府希望将美国打造成芯片制造中心的愿望在媒体中演变而来。</p>
</div><p>Relatedly, the stock also got a jolt after Vice President JD Vance said that the Trump administration would &#34;ensure that the most powerful AI systems are built in the U.S. with American designed and manufactured chips.&#34;</p>
<div class="lb-trans"><p>相关地，在副总统 JD·范斯 (JD Vance) 表示特朗普政府将 “确保最强大的 AI 系统在美国使用美国设计和制造的芯片构建” 后，股票也获得了提振。</p>
</div><p>Investors interpreted that as a good sign for Intel.</p>
<div class="lb-trans"><p>投资者将此解读为对英特尔的好兆头。</p>
</div><h2>Is Intel's foundry biz an asset or an albatross?</h2>
<div class="lb-trans"><h2>英特尔的代工业务是资产还是负担？</h2>
</div><p>Intel is losing billions of dollars a year, but the company is the biggest U.S. chip manufacturer, giving it a possible advantage at a time when the federal government wants to bring chip production home.</p>
<div class="lb-trans"><p>英特尔每年损失数十亿美元，但该公司是美国最大的芯片制造商，这在联邦政府希望将芯片生产带回美国的背景下可能带来优势。</p>
</div><p>Making that policy a reality has so far proven harder than expected, and some lawmakers have cast doubt on whether it's wise for the U.S. to pour billions into the struggling company through the CHIPS Act.</p>
<div class="lb-trans"><p>将这一政策变为现实迄今为止证明比预期更为困难，一些立法者对美国通过《芯片法》向这家挣扎中的公司投入数十亿资金的做法表示怀疑。</p>
</div><p>At this point, this week's gains seem to be mostly based on conjecture, but it does show the potential for the foundry business to drive a recovery in the stock. Still, that alone isn't a reason to buy Intel stock.</p>
<div class="lb-trans"><p>在这一点上，本周的涨幅似乎主要基于推测，但这确实显示出代工业务推动股票复苏的潜力。不过，仅此并不足以成为购买英特尔股票的理由。</p>
</div>

Why Intel Stock Was Soaring This Week

- 英特尔股价本周上涨 26%，因投资者发现其被低估的资产。  
- 市场传言称，台积电可能与英特尔合作，在美国制造先进芯片。  
- 尽管英特尔面临亏损，但其作为美国最大芯片制造商的地位可能带来优势。

为什么英特尔股票本周大幅上涨