{"id":60493,"date":"2026-04-20T11:22:09","date_gmt":"2026-04-20T11:22:09","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/60493\/"},"modified":"2026-04-20T11:22:09","modified_gmt":"2026-04-20T11:22:09","slug":"parket-velky-navrat-intelu-trh-zacina-sazet-na-comeback","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/60493\/","title":{"rendered":"Parket: Velk\u00fd n\u00e1vrat Intelu? Trh za\u010d\u00edn\u00e1 s\u00e1zet na comeback"},"content":{"rendered":"

\u010ctete uk\u00e1zku z\u00a0newsletteru Parket, ve kter\u00e9m Luk\u00e1\u0161 Vo\u017een\u00edlek p\u0159in\u00e1\u0161\u00ed ty nejd\u016fle\u017eit\u011bj\u0161\u00ed novinky ze z\u00e1kulis\u00ed finan\u010dn\u00edch trh\u016f. Pokud v\u00e1s zaj\u00edm\u00e1 v\u00fdvoj burzovn\u00edch index\u016f, cen komodit \u010di m\u011bnov\u00fdch kurz\u016f, p\u0159ihlaste se k\u00a0odb\u011bru<\/a> a\u00a0cel\u00fd newsletter budete ka\u017ed\u00e9 pond\u011bl\u00ed dost\u00e1vat do sv\u00e9 e-mailov\u00e9 schr\u00e1nky.<\/p>\n

Americk\u00e1 spole\u010dnost Intel se po letech p\u0159e\u0161lapov\u00e1n\u00ed znovu dere do st\u0159edu pozornosti investor\u016f a\u00a0tentokr\u00e1t se zd\u00e1, \u017ee nejde jen o\u00a0kr\u00e1tk\u00fd technick\u00fd odraz. Akcie polovodi\u010dov\u00e9ho veter\u00e1na v\u00a0posledn\u00edch dnech p\u0159edvedly mimo\u0159\u00e1dn\u011b silnou s\u00e9rii r\u016fst\u016f, kterou si Wall Street mo\u017en\u00e1 za\u010d\u00edn\u00e1 vykl\u00e1dat jako n\u00e1vrat ztracen\u00e9ho syna.<\/p>\n

Titul p\u0159idal za dva t\u00fddny p\u0159es 66\u00a0procent, co\u017e p\u0159edstavovalo nejlep\u0161\u00ed takov\u00fd v\u00fdkon minim\u00e1ln\u011b od roku 1987.\u00a0Akcie Intelu se aktu\u00e1ln\u011b pohybuj\u00ed kolem 68\u00a0dolar\u016f za kus, tedy na \u00farovn\u00edch, na kter\u00fdch se firma obchodovala naposledy v\u00a0dubnu 2021.\u00a0Od historick\u00e9ho maxima ho p\u0159itom d\u011bl\u00ed u\u017e jen zhruba dev\u011bt procent.<\/p>\n

Pozitivn\u011bj\u0161\u00ed za\u010d\u00ednaj\u00ed b\u00fdt i\u00a0analytici, z\u00a0nich\u017e n\u011bkte\u0159\u00ed u\u017e v\u00a0posledn\u00edch dnech p\u0159istoupili ke zv\u00fd\u0161en\u00ed c\u00edlov\u00fdch cen. Nap\u0159\u00edklad Melius Research zv\u00fd\u0161ili c\u00edlovou cenu akci\u00ed Intelu z\u00a058\u00a0na 75\u00a0dolar\u016f.<\/p>\n

Samotn\u00fd Intel p\u0159itom zat\u00edm nen\u00ed ve f\u00e1zi, kdy by u\u017e m\u011bl to nejhor\u0161\u00ed definitivn\u011b za sebou. Firma za cel\u00fd rok 2025\u00a0utr\u017eila 52,9\u00a0miliardy dolar\u016f, a\u00a0i kdy\u017e se jej\u00ed hospoda\u0159en\u00ed stabilizuje, celkov\u011b st\u00e1le skon\u010dila ve ztr\u00e1t\u011b zhruba 300\u00a0milion\u016f dolar\u016f. Z\u00e1rove\u0148 plat\u00ed, \u017ee Intel v\u00a0posledn\u00edch letech ztratil \u010d\u00e1st pod\u00edlu na trhu, zejm\u00e9na v\u00a0serverov\u00fdch procesorech, kde mu v\u00fdrazn\u011b ukrajuje AMD.<\/p>\n

Dal\u0161\u00edm d\u016fle\u017eit\u00fdm testem tak budou v\u00fdsledky za leto\u0161n\u00ed prvn\u00ed \u010dtvrtlet\u00ed, kter\u00e9 Intel zve\u0159ejn\u00ed ve \u010dtvrtek. Firma sama po\u010d\u00edt\u00e1 s\u00a0tr\u017ebami v\u00a0p\u00e1smu 11,7\u00a0a\u017e 12,7\u00a0miliardy dolar\u016f. Trh bude sledovat hlavn\u011b to, zda se za\u010d\u00edn\u00e1 zlep\u0161ovat j\u00e1drov\u00fd byznys, a\u00a0ne jen n\u00e1lada kolem akcie.<\/p>\n

U\u017e to samo o\u00a0sob\u011b ukazuje, \u017ee investo\u0159i za\u010d\u00ednaj\u00ed Intel vn\u00edmat jinak ne\u017e v\u00a0p\u0159edchoz\u00edch letech. Firma sice st\u00e1le nem\u00e1 v\u0161echny probl\u00e9my vy\u0159e\u0161en\u00e9 a\u00a0za sebou m\u00e1 dlouh\u00e9 obdob\u00ed poklesu d\u016fv\u011bry, kdy zaost\u00e1vala ve v\u00fdrob\u011b \u010dip\u016f, tempu inovac\u00ed i\u00a0v oblasti um\u011bl\u00e9 inteligence.<\/p>\n

Pr\u00e1v\u011b proto ale sou\u010dasn\u00fd r\u016fst p\u016fsob\u00ed tak siln\u011b. Z\u00a0firmy, kterou trh je\u0161t\u011b ned\u00e1vno vn\u00edmal hlavn\u011b jako symbol promarn\u011bn\u00fdch \u0161anc\u00ed, se najednou st\u00e1v\u00e1 kandid\u00e1t na jeden z\u00a0nejzaj\u00edmav\u011bj\u0161\u00edch comeback\u016f v\u00a0technologick\u00e9m sektoru.<\/p>\n

Trh najednou vid\u00ed Intel jin\u00fdma o\u010dima<\/p>\n

Nejde o\u00a0b\u011b\u017en\u00e9 pokra\u010dov\u00e1n\u00ed u\u017e rozjet\u00e9ho trendu, ale o\u00a0prudk\u00e9 p\u0159ecen\u011bn\u00ed firmy, kterou investo\u0159i dlouho odepisovali nebo p\u0159inejmen\u0161\u00edm ponech\u00e1vali v\u00a0kolonce \u201emo\u017en\u00e1 jednou\u201c. Sou\u010dasn\u00fd v\u00fdvoj ale nazna\u010duje, \u017ee \u010d\u00e1st trhu za\u010d\u00edn\u00e1 v\u011b\u0159it v\u00a0re\u00e1ln\u00fd obrat.<\/p>\n

Hlavn\u00ed spou\u0161t\u011b\u010de jsou p\u0159itom pom\u011brn\u011b konkr\u00e9tn\u00ed. Jednak jde o\u00a0nov\u00e9 zapojen\u00ed Intelu do projektu Terafab, kter\u00fd spojuje aktivity Elona Muska, zejm\u00e9na kolem Tesly a\u00a0SpaceX, a\u00a0m\u00ed\u0159\u00ed na v\u00fdrobu extr\u00e9mn\u011b v\u00fdkonn\u00e9 v\u00fdpo\u010detn\u00ed kapacity pro robotiku, datov\u00e1 centra a\u00a0dal\u0161\u00ed AI aplikace.<\/p>\n

Ozn\u00e1men\u00ed nav\u00edc p\u0159ich\u00e1z\u00ed jen n\u011bkolik m\u011bs\u00edc\u016f pot\u00e9, co Musk p\u0159edstavil pl\u00e1n Tesly vybudovat ob\u0159\u00ed tov\u00e1rnu na \u010dipy pro um\u011blou inteligenci, kter\u00e1 m\u00e1 podpo\u0159it autonomn\u00ed ambice automobilky, a\u00a0nazna\u010dil, \u017ee by na projektu mohl spolupracovat pr\u00e1v\u011b Intel.<\/p>\n

Podle vyj\u00e1d\u0159en\u00ed firmy maj\u00ed schopnosti Intelu pomoci urychlit c\u00edl projektu Terafab vyr\u00e1b\u011bt a\u017e jeden terawatt v\u00fdpo\u010detn\u00edho v\u00fdkonu ro\u010dn\u011b pro budouc\u00ed rozvoj um\u011bl\u00e9 inteligence a\u00a0robotiky.<\/p>\n

Nov\u00e9 op\u011brn\u00e9 body p\u0159\u00edb\u011bhu<\/p>\n

Terafab je d\u016fle\u017eit\u00fd i\u00a0symbolicky. Zapojen\u00ed Intelu do takto ambici\u00f3zn\u00edho projektu nazna\u010duje, \u017ee se s\u00a0firmou znovu po\u010d\u00edt\u00e1 jako s\u00a0relevantn\u00edm partnerem p\u0159i budov\u00e1n\u00ed nov\u00e9 generace AI infrastruktury. \u0160\u00e9f Intelu Lip-Bu Tan to ostatn\u011b shrnul velmi v\u00fdmluvn\u011b.<\/p>\n

\u201eElon m\u00e1 prokazatelnou schopnost znovu prom\u00fd\u0161let fungov\u00e1n\u00ed cel\u00fdch pr\u016fmyslov\u00fdch odv\u011btv\u00ed. A\u00a0pr\u00e1v\u011b to dnes polovodi\u010dov\u00e1 v\u00fdroba pot\u0159ebuje. Terafab p\u0159edstavuje z\u00e1sadn\u00ed zm\u011bnu v\u00a0tom, jak se budou v\u00a0budoucnu vyr\u00e1b\u011bt logick\u00e9 \u010dipy, pam\u011bti i\u00a0jejich fin\u00e1ln\u00ed propojen\u00ed do v\u00fdsledn\u00fdch \u010dipov\u00fdch syst\u00e9m\u016f,\u201c uvedl v\u00a0p\u0159\u00edsp\u011bvku na s\u00edti X.<\/p>\n

Druh\u00fdm d\u016fle\u017eit\u00fdm impulzem je prohlouben\u00ed spolupr\u00e1ce s\u00a0Googlem. Intel uvedl, \u017ee ob\u011b firmy roz\u0161i\u0159uj\u00ed partnerstv\u00ed v\u00a0oblasti AI infrastruktury. Pro Intel je to podstatn\u00e1 zpr\u00e1va, proto\u017ee ukazuje, \u017ee s\u00a0n\u00edm Google i\u00a0nad\u00e1le po\u010d\u00edt\u00e1 jako s\u00a0d\u016fle\u017eit\u00fdm technologick\u00fdm partnerem. A\u00a0pr\u00e1v\u011b to je pro trh siln\u00fd sign\u00e1l.<\/p>\n

Tak\u00e9 analytici upozor\u0148uj\u00ed, \u017ee podobn\u00e9 dohody maj\u00ed pro firmu v\u00fdznam i\u00a0z pohledu jej\u00ed \u0161ir\u0161\u00ed prom\u011bny.<\/p>\n

<\/a><\/p>\n

\u201eIntel mus\u00ed uk\u00e1zat, \u017ee dok\u00e1\u017ee podporovat nejv\u011bt\u0161\u00ed z\u00e1kazn\u00edky p\u0159i jejich nejd\u016fle\u017eit\u011bj\u0161\u00edch projektech, a\u00a0zd\u00e1 se, \u017ee pr\u00e1v\u011b to partnerstv\u00ed s\u00a0Teslou potvrzuje,\u201c uvedl pro Reuters analytik spole\u010dnosti D.A. Davidson Gil Luria, kter\u00fd tuto spolupr\u00e1ci ozna\u010dil za \u201ed\u016fle\u017eit\u00fd krok\u201c v\u00a0restrukturalizaci v\u00fdrobce \u010dip\u016f.<\/p>\n

Do p\u0159\u00edb\u011bhu nav\u00edc vstupuje i\u00a0americk\u00e1 vl\u00e1da, co\u017e z\u00a0Intelu ned\u011bl\u00e1 jen byznysovou s\u00e1zku, ale i\u00a0geopolitick\u00fd projekt. Jak u\u017e d\u0159\u00edve napsala agentura Reuters, Washington Intelu nejprve sl\u00edbil masivn\u00ed podporu v\u00a0r\u00e1mci CHIPS Act a\u00a0pozd\u011bji se situace posunula je\u0161t\u011b d\u00e1l. V\u00a0srpnu 2025\u00a0americk\u00e1 vl\u00e1da ozn\u00e1mila, \u017ee vstoup\u00ed do Intelu a\u00a0z\u00edsk\u00e1 p\u0159ibli\u017en\u011b desetiprocentn\u00ed pod\u00edl prost\u0159ednictv\u00edm investice 8,9\u00a0miliardy dolar\u016f.<\/p>\n

V\u00fdznam Intelu pro Spojen\u00e9 st\u00e1ty t\u00edm dostal je\u0161t\u011b konkr\u00e9tn\u011bj\u0161\u00ed obrysy. O\u00a0m\u011bs\u00edc pozd\u011bji nav\u00edc Nvidia ozn\u00e1mila investici ve v\u00fd\u0161i p\u011bti miliard dolar\u016f a\u00a0technologickou spolupr\u00e1ci s\u00a0Intelem. \u0160\u00e9f Nvidie Jensen Huang tuto dohodu ozna\u010dil za \u201emimo\u0159\u00e1dn\u011b v\u00fdznamnou investici\u201c.<\/p>\n

Jin\u00fdmi slovy, Intel nen\u00ed pro Spojen\u00e9 st\u00e1ty oby\u010dejn\u00e1 technologick\u00e1 spole\u010dnost, ale jeden z\u00a0pil\u00ed\u0159\u016f snahy vr\u00e1tit pokro\u010dilou v\u00fdrobu \u010dip\u016f zp\u011bt na americkou p\u016fdu. To je pro investory d\u016fle\u017eit\u00e9, proto\u017ee firma t\u00edm z\u00edsk\u00e1v\u00e1 nejen kapit\u00e1l a\u00a0politickou podporu, ale i\u00a0ur\u010ditou strategickou ochranu. Z\u00e1rove\u0148 to ov\u0161em znamen\u00e1, \u017ee o\u010dek\u00e1v\u00e1n\u00ed jsou vy\u0161\u0161\u00ed a\u00a0selh\u00e1n\u00ed by m\u011blo i\u00a0politick\u00fd rozm\u011br.<\/p>\n

Sou\u010dasn\u011b ale plat\u00ed, \u017ee comeback Intelu zat\u00edm stoj\u00ed hlavn\u011b na d\u016fv\u011b\u0159e, strategick\u00fdch ozn\u00e1men\u00edch a\u00a0o\u010dek\u00e1v\u00e1n\u00ed budouc\u00edch zak\u00e1zek. Trh tak dnes nes\u00e1z\u00ed jen na sou\u010dasn\u00fd stav firmy, ale i\u00a0na mo\u017enost, \u017ee se Intel po letech t\u00e1p\u00e1n\u00ed znovu za\u0159ad\u00ed mezi kl\u00ed\u010dov\u00e9 hr\u00e1\u010de modern\u00ed technologick\u00e9 infrastruktury.<\/p>\n

V pln\u00e9 verzi newsletteru Parket v\u017edy najdete i\u00a0souhrn nejd\u016fle\u017eit\u011bj\u0161\u00edch zpr\u00e1v z\u00a0oblasti akciov\u00fdch trh\u016f a\u00a0makroekonomick\u00fdch trend\u016f, investi\u010dn\u00ed tipy odborn\u00edk\u016f nebo novinky z\u00a0pra\u017esk\u00e9 burzy. P\u0159ihlaste se k\u00a0odb\u011bru<\/a>, aby v\u00e1m nic d\u016fle\u017eit\u00e9ho neuniklo.<\/p>\n","protected":false},"excerpt":{"rendered":"\u010ctete uk\u00e1zku z\u00a0newsletteru Parket, ve kter\u00e9m Luk\u00e1\u0161 Vo\u017een\u00edlek p\u0159in\u00e1\u0161\u00ed ty nejd\u016fle\u017eit\u011bj\u0161\u00ed novinky ze z\u00e1kulis\u00ed finan\u010dn\u00edch trh\u016f. Pokud v\u00e1s…\n","protected":false},"author":2,"featured_media":50995,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[67,68,605,461,6977,3887,2495,126],"class_list":{"0":"post-60493","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-byznys","8":"tag-business","9":"tag-byznys","10":"tag-cipy","11":"tag-elon-musk","12":"tag-intel","13":"tag-newsletter-parket","14":"tag-nvidia","15":"tag-umela-inteligence-ai"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116436778835106045","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/60493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=60493"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/60493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/50995"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=60493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=60493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=60493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}