In this video, I will be going over Intel's (INTC -2.40%) new agreement that will see it and Brookfield Asset Management invest up to $30 billion in chip factories in Arizona.

  • We know that Intel has a long way back to the top if it manages to turn things around. That will require a lot of capital.
  • It could use all the help it can get because in the second quarter, Intel reported earnings per share (EPS) of $0.29, a decrease of 79% year over year, and gross margin came in at 44.8%, down 15 percentage points YOY. 
  • On top of that, Intel's current and future products face fierce competition from AMD and Nvidia.
  • The CHIPS Act certainly helps, but for a company that isn't becoming more profitable these days, more capital is always welcome.
  • Intel has signed an agreement with Brookfield to invest up to $30 billion in chip factories in Arizona. The agreement is a first in the Semiconductor Co-Investment Program (SCIP).

For the full insights, do watch the video, consider subscribing, and click the special offer link below.

*Stock prices used were the closing prices of Aug. 23, 2022. The video was published on Aug. 24, 2022.