3 Reasons I'm Betting on Intel's Comeback
Intel (NASDAQ: INTC) could seem like the last stock tech investors might want since its semiconductor development efforts have fallen behind that of its current archrival, Taiwan Semiconductor Manufacturing (NYSE: TSM). But new leadership in the form of engineer Pat Gelsinger taking on the CEO role has set a process in motion for Intel that should help it catch up to its peers.
Since chip development cycles take from three to five years, prospects for a near-term comeback appear uncertain. Nonetheless, under Gelsinger's leadership, investors have at least three good reasons to consider taking a long-term chance on Intel stock, despite the uncertainties.
Image source: Intel.
Source Fool.com