#1 - Intel (NASDAQ:INTC)
Intel Corporation (NASDAQ: INTC) may be a story of misplaced optimism. The company became a household name for putting "Intel inside” personal computers. But the chip market has evolved, and Intel has been slow to make that transition.
Intel has failed to show investors a clear plan for how it will regain its supremacy in the chip market. It lags far behind competitors like Nvidia Corporation (NASDAQ: NVDA) and Advanced Micro Devices (NYSE: AMD). And it recently had to walk away from its agreement to buy Tower Semiconductor after not getting regulatory approval from China in the needed time.
In a sector where the top names have posted stock price gains of over 100%, 200% or even higher in the five years ending in August 2023, INTC stock is down 29% in that same time period. The company
There are 44 analysts that cover Intel. Unfortunately for the company, 35 of those 44 have a Hold rating or lower on the stock.
About Intel
Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.
Read More - Current Price
- $31.83
- Consensus Rating
- Hold
- Ratings Breakdown
- 5 Buy Ratings, 22 Hold Ratings, 3 Sell Ratings.
- Consensus Price Target
- $39.58 (24.4% Upside)
