Reported about 12 hours ago
In a recent CNBC segment, Jim Cramer expressed skepticism about Intel Corp's future, suggesting its role may diminish following Taiwan Semiconductor's $100 billion investment in U.S. semiconductor manufacturing. Cramer noted that many AI companies are performing well, indicating strong demand for data centers, which contrasts with Intel's disappointing performance and guidance. He remarked on the affordability of stocks in the current market and questioned Intel's place in the evolving tech landscape.
Source: YAHOO