Intel Just Revealed Why It Can't Split From Its Manufacturing Model and Why the Stock Is a Hold at Best
A new bull market is now well underway, fueled by accelerated computing infrastructure, artificial intelligence (AI) systems built atop that infrastructure, and elevated interest among governments around the world in "re-shoring" chip manufacturing onto their soil. Intel (NASDAQ: INTC) appears well-positioned to be a top beneficiary from these growth trends.
Despite this apparent enthusiasm, the stock has far underperformed both the broad market and other leading chip stocks.
Source Fool.com
Intel Corp. Stock
€17.05
-1.390%
Currently there is a rather positive sentiment for Intel Corp. with 28 Buy predictions and 15 Sell predictions.
Based on the current price of 17.05 € the target price of 38 € shows a potential of 122.9% for Intel Corp. which would more than double the current price.
