Could This Artificial Intelligence (AI) Stock Be the Next Nvidia?
Over the past 10 years, the semiconductor sector has had a clear winner, Nvidia (NASDAQ: NVDA), and a clear loser, Intel (NASDAQ: INTC).
Intel ceded chip manufacturing leadership to Taiwan Semiconductor Manufacturing (NYSE: TSM) back in the 2010s. As AI computing on GPUs has emerged over the past two years, Intel saw share losses to Nvidia and other TSMC customers.
Source Fool.com
Intel Corp. Stock
€18.05
-4.030%
Currently there is a rather positive sentiment for Intel Corp. with 22 Buy predictions and 16 Sell predictions.
Based on the current price of 18.05 € the target price of 38 € shows a potential of 110.55% for Intel Corp. which would more than double the current price.
