Is Intel Stock a Buy?
Intel (NASDAQ: INTC), the world's top manufacturer of x86 CPUs for PCs and data centers, is often considered a solid tech stock with a stable dividend. But in recent years, Intel struggled with the loss of the growing mobile chip market to Qualcomm, longer PC upgrade cycles, and competition from a resurgent AMD (NASDAQ: AMD).
Its expansions into new markets -- including driverless cars, IoT (Internet of Things) chips, and memory chips -- also couldn't offset those weaknesses. The escalation of the U.S.-China trade war into a tech war also threatens to cause Intel headaches in China, where it generated 28% of its revenues last year.
Are those challenges dimming Intel's luster as a long-term investment? Or will it overcome these challenges over the next few years?
Source Fool.com
