A weakening dollar index could enhance overseas revenue for Intel, potentially supporting INTC stock price in the next fiscal year as foreign sales margins widen. Intel is a Santa Clara, California-based global semiconductor leader in a market where its market capitalization is around $150 billion. Central processing units (CPUs) and graphics processing units (GPUs) are among its designed and manufactured products that fall into data-centric technology deployed in PCs, servers, and data centers. Intel is also developing a foundry business (Intel Foundry Services, or IFS) to challenge TSMC and Samsung (SMSN.L.EB) in producing advanced chips. The equity stake is being funded by grants previously awarded to Intel under former President Joe Biden's U.S. CHIPS and Science Act, according to a release . Intel’s INTC stock price is influenced by shifting investor appetite for dividend yields in tech. With a 1.6% yield, it appeals to portfolio managers balancing growth and income.