For Intel's Stock, It's Been 'One Disaster After Another'
INTCIntel(INTC) Investopedia·2024-09-13 18:27

Key TakeawaysIntel shares have taken a hit in recent months amid worries about the chipmaker’s ability to engineer a turnaround. The company is reportedly considering a number of strategic options that could include selling parts of its business and scrapping some projects. However, Intel’s moves to shed assets could hamper its efforts to compete with rivals.Wall Street's typical rating on the stock is a "hold," though the mean analyst price target implies some optimism. Intel's (INTC) stock, once a tech d ...