Intel's Stock has Slumped 27%. Here's Why It Remains a Buy in the Second Half of 2024
INTCIntel(INTC) The Motley Fool·2024-08-06 21:15

The chipmaker's stock has taken a deep dive, increasing the value of its shares.Intel (INTC -6.38%) has hit more than a few speedbumps over the last decade. The company was once the most prominent player in chips, a go-to supplier for many tech firms, and a leader in manufacturing. Yet the rising competition in its space over the last decade has left it struggling to stay relevant, and its stock is down by 40% since 2014. However, the company has gradually begun to turn things around in the last year. In re ...