Is Intel Back? 3 Reasons to Take Intel's Turnaround Seriously.

In an AI-led market, the notable underperformer in the semiconductor space this year has been Intel (NASDAQ: INTC).While many AI-oriented chip stocks like Nvidia are up a lot on the year, Intel finds itself down just over 50% for 2024. To add insult to injury, the stock was just kicked out of the Dow Jones Industrial index last Friday, displaced by Nvidia itself. Amid a tough PC market, revenue declines, and Intel's plan to become a third-party foundry taking longer than some may have expected, investors have seemingly given up on the turnaround. However, Intel's recently reported Q3 results and other recent news items indicate news of its death may be premature. Here are three reasons to believe heading into 2025.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool