So intel has roughly 15 fab locations worldwide. 50-60% in the US. The rest are mainly in Ireland and Israel. Assemble and testing sites in china, Malaysia, Vietnam, and Costa Rica. With headquarters in California.
Israel’s fuel isn’t sourced through Hormuz but from the Mediterranean. So the whole Hormuz situation doesn’t affect intel’s shipments or production from Israel to china and Malaysia back end sites. Though from china to us maybe.
The blockade mostly affects china, Japan, South Korea for import oil as well as Saudi’s Arabia, UAE, Iraq, Qatar for exports.
TSMC however will be more heavily impacted in energy price. If Taiwan cannot get oil through Hormuz, energy price increases. Their fab factories take a lot of energy and will be impacted. They are building factories in America but not operational yet. This will likely slow them down or cause price increases, then driving customers to intel.
If AI is the current race, then a blockade in Hormuz might help US interest and US companies.
Oil through Hormuz is only about 5-10% of us consumption.
Intel being a US company and being unaffected by blockade, should raise intel stock and oil.
I am also regarded so idk.
I have 10k intel calls.
