As Talk of an Intel Takeover Increases, Is Now a Golden Opportunity to Buy the Stock?

2024 has been a tough year for Intel (NASDAQ: INTC) -- and it's not even over yet. The tech giant's shares have lost more than half their value in a bullish market, while the stocks of many of its rival chipmakers have soared. For comparison purposes, Nvidia, Arm Holdings, and Broadcom have all seen their shares surge more than 50% in 2024.Intel's struggles have reportedly drawn the interest of competitors and private equity investors looking for a takeover opportunity for what is still a sizeable and potentially strong company. With rumors swirling regarding the future direction of this company, is now a good time to buy its beaten-down stock?The idea that Intel could be a potential takeover candidate would have been laughable two decades ago when the company was the dominant chipmaker for personal computers (PCs). Back then, it had rightly earned the moniker of Chipzilla for its ability to intimidate and dominate competitors. However, as the semiconductor market has expanded into larger areas such as data centers and smartphones, Intel has failed to keep up with many of its chipmaking rivals.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool