Can Intel Stock Return to Its Former Glory?
2020 has been a difficult year for microchip giant Intel (NASDAQ: INTC). We Intel investors missed out on a 14% gain in market tracker S&P 500, swallowing a loss of 22% instead. At the same time, smaller rival Advanced Micro Devices (NASDAQ: AMD) saw its share prices double. Is this the beginning of the end for Intel, or can the company and stock bounce back in 2021 and beyond?
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Intel and AMD used to have very clear-cut roles to play in the semiconductor market. AMD was the plucky upstart, always nipping at Intel's heels and trying to steal a little bit of market share in one sub-sector or another. Intel held all the trump cards with a unique lead in manufacturing technologies, a matchless brand name, and much deeper pockets.
Source Fool.com
