Fool.com contributor Parkev Tatevosian discusses the latest developments for Intel (NASDAQ: INTC) stock investors. *Stock prices used were the afternoon prices of Sept. 16, 2024. The video was published on Sept.

Intel stock has surged recently due to positive developments, including an expanded partnership with Amazon AWS. See more on INTC stock here.

While Intel shares look inexpensive based on their multiple of book value, one analyst says he sees “easier ways to generate returns elsewhere.”

As Intel reportedly considers selling parts of its business to stem losses, analysts warn Intel’s issues could still get worse before they get better.

Investors hoping that support from the U.S. government will power Intel's turnaround got some good news recently.

Intel will produce the specialized "AI fabric chip" for Amazon, using its 18A manufacturing process, which is the company’s most advanced chip manufacturing technology.

Gelsinger announced that Intel has entered into an agreement with Amazon Web Services that will see the chipmaker produce custom chips for the cloud computing giant. The CEO also said that Intel will transform its Foundry business into a subsidiary company with independent directors.