INTC Stock Prediction: Can Intel Survive?
INTCIntel(INTC) Investor Place·2024-08-13 18:02

As a tech reporter going back over 40 years, it’s incredible to be writing this.But can Intel (NASDAQ:INTC) survive?What was once the world’s dominant semiconductor power is a shell of its former self. It’s all there in the second quarter earnings report, which led it to lose 43% of its value in just one month.The loss of $1.6 billion, 38 cents per share, is just the headline. Now nearly 20,000 employees are heading for the exits. The dividend has also been suspended. Shareholders are suing, claiming they w ...