Intel’s stock price has been on a remarkable upward trajectory recently, climbing an additional 5.46% on May 1 (local time) and propelling its market capitalization past the $500 billion mark. This surge represents a more than fourfold increase within a single year. Beyond the reevaluation of the AI potential within its x86 CPU business, advancements in Intel’s chip technology have also played a pivotal role in this growth. During the earnings conference, Intel announced that the yield of its 18A process has surpassed expectations and is set to reach its target ahead of schedule by the end of this year. The performance and yield of the 14A process, currently under development, are outstanding, with anticipated improvements including a 15-20% boost in energy efficiency, a 25-35% reduction in power consumption, and a 20% increase in transistor density. Moreover, Intel has also made strides in its chip foundry operations and glass substrate technology, exemplified by its repurchase of shares in Fab 34, participation in Musk’s TeraFab project, securing a long-term order from Google, and the commencement of mass production in glass substrate technology.