Reported 4 months ago
Shares in Intel have plunged 30% over the last three months due to various challenges, including market conditions and losing market share. However, recent shifts towards manufacturing and AI sectors could signal a turnaround for the company. With the lowest forward price-to-earnings ratio among top chipmakers, investing in Intel now could offer long-term potential and low risk. Intel's focus on manufacturing and the benefits from President Biden's CHIPS Act could position it well in the growing semiconductor and AI markets, making it a promising investment choice despite recent stock dips.
Source: YAHOO