Intel's Spin-Off Strategy: A Bargain Hiding in Plain Sight?
INTCIntel(INTC) MarketBeat·2024-09-24 20:16

Semiconductor manufacturer Intel Co. NASDAQ: INTC has lost its luster among investors, trading down 56.5% year-to-date (YTD). The chip giant has consecutively disappointed with its weak guidance, souring investor sentiment as the artificial intelligence (AI) boom lifted competitors like NVIDIA Co. NASDAQ: NVDA and Advanced Micro Devices Inc. NASDAQ: AMD and passed by Intel. Both companies don't have to worry about constructing and maintaining capital-intensive semiconductor fabrication plants (FABs) since t ...