Will Intel Be a Trillion-Dollar Stock by 2030?
Intel (NASDAQ: INTC) has not shown any signs in recent years that it is on its way to a $1 trillion market capitalization. Stagnant revenue from year to year and a lost technical lead left this tech giant far behind peers of the PC era, such as Microsoft, Nvidia, and even Advanced Micro Devices (NASDAQ: AMD).
CEO Pat Gelsinger has instituted changes that could address technical challenges and spawn new lines of business. Nonetheless, Intel will have to show that these changes can return the company to growth before it can consider a future where its market cap exceeds $1 trillion.
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Source Fool.com
