Intel Stock is it really worth it

Intel (INTC) is one of the largest and most established chipmakers in the world, but it has been facing some serious challenges in recent years. Its stock price has been declining since April 2021, when it reached its all-time high of 63.12 USD. Some of the reasons for this drop are the increasing competition from other chipmakers such as AMD, NVIDIA and Apple, the delays and difficulties in its transition to the 7-nanometer and 10-nanometer chip manufacturing processes, and the rising costs and supply chain disruptions caused by the global semiconductor shortage. However, Intel is also trying to improve its situation by investing in its own chip fabrication plants and expanding its foundry services to other customers, launching new products and platforms such as Alder Lake, Sapphire Rapids and Arc, and acquiring or partnering with other companies such as Mobileye, SiFive and GlobalFoundries. These moves could help Intel increase its revenue and margins, boost its performance and competitiveness, and enhance its capabilities and diversify its portfolio in the areas of autonomous driving, artificial intelligence and advanced chip manufacturing. So is even worth it buying and holding onto stock or is it better avoiding buying all together

submitted by /u/Vegetable-Tale-4185
[link] [comments] https://www.reddit.com/r/stocks/comments/178jggw/intel_stock_is_it_really_worth_it/
Created 7mo | Oct 16, 2023, 12:10:14 AM


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