Cramer: Intel's foundry is a national security asset after the secondary
As seen on the 24/7 Wall St. homepage on September 17, 2026.
Cramer is framing Intel's foundry as a national security asset, and points to demand for the recent secondary offering as evidence investors are finally crediting Lip-Bu Tan's turnaround.
Intel is now at last reacting to the work of Lip-Bu Tan post the destruction of its stock at the hands of Situational Unawareness. The stock lapped up the secondary. I think the foundry is key to American security
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Cramer says Intel is finally responding to the strategic direction set by CEO Lip-Bu Tan, crediting him with driving a turnaround after the stock's earlier destruction.
Cramer notes the stock "lapped up the secondary," so the market absorbed the recent share offering without resistance, a vote of confidence in Tan's restructuring plan.
He calls Intel's foundry operation key to American security, a strategic national interest that aligns with policy pressure to reduce reliance on overseas semiconductor production.
The security-asset framing is entering the mainstream investing conversation around Intel. Keep an eye on how the foundry segment performs as Tan's restructuring takes hold.
Mentioned: INTC