Will Intel Be a Trillion-Dollar Stock by 2030?
(NASDAQ: INTC) was once the world's largest chipmaker. But today, it's only worth $180 billion, while its rival Advanced Micro Devices (NASDAQ: AMD) is valued at $310 billion. Meanwhile, Nvidia (NASDAQ: NVDA) has catapulted ahead of both, with a market cap of $2.2 trillion.
Intel is still the world's largest producer of x86 CPUs for PCs and servers, but a series of missed opportunities, production blunders, and poor decisions drove away its customers and investors. Over the past five years, Intel's stock declined more than 20%, while shares of AMD and Nvidia surged 720% and 1,970%, respectively.
Image source: Getty Images.
Source Fool.com
Intel Corp. Aktie
21,40 €
-0,19 %
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