The stock of Intel (INTC) has been under pressure for quite some time now. It has been struggling with product ramps, falling market share, increasing competition from Advanced Micro Devices (AMD) and Nvidia (NVDA), lackluster performance on Wall Street, and other problems. At the same time, Intel is working to improve its business by selling low-margin activities and investing in new growth areas. The recent introduction of Intel's Alder Lake processors could also help the business reverse the tide in its favor to some extent while keeping it competitive.
https://www.tipranks.com/news/article/will-intel-gain-back-its-charm-among-investors?utm_source=advfn.com&utm_medium=referral
Intel (NASDAQ:INTC)
Historical Stock Chart
From Apr 2022 to May 2022 Click Here for more Intel Charts.
Intel (NASDAQ:INTC)
Historical Stock Chart
From May 2021 to May 2022 Click Here for more Intel Charts.