Intel's Future Uncertain Amid Severe Losses

Reported about 1 month ago

Intel's stock recently surged over 9%, but this rise comes after a disastrous year where shares plummeted 56.1%. Following a report on potential restructuring discussions, including splitting its design and manufacturing operations, it's evident that the company is grappling with sales declines and rising operational costs. Intel, once a dominant player in the semiconductor industry, faces the worst stock performance in the Dow this year and speculation about its removal from the index is growing.

Source: YAHOO

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