Intel's stock has surged by 40% in the past month, marking a significant turnaround for the company. Despite questions about the speed of this recovery, Intel has been one of the top performers in the chip sector this quarter. The company is actively working on revitalizing its business with external support from the government and Nvidia Corp. While Intel's stock fell 2.7% on Monday, it had a strong rally on Friday following reports of potential U.S. manufacturing plans. Recently, Intel's stock dropped by 1.8% after Taiwan Semiconductor Manufacturing (TSMC) denied reports of partnership talks, refuting a Wall Street Journal report.