Where Will Intel Stock Be In 1 Year?
Shares of chip-giant Intel (NASDAQ: INTC) have been obliterated over the past few years. Unfortunately, years of mismanagement and complacency opened the door for TSMC to take the lead in semiconductor manufacturing and AMD to stage an epic comeback. Intel still leads the market for PC and server central processing units (CPUs), but its dominance has been severely eroded.Intel's attempted turnaround effort, led by former CEO Pat Gelsinger, is now in flux after Gelsinger's surprise retirement in late 2024. As Intel searches for a new CEO and a new strategy, the company is fighting on two fronts.First, Intel is charging ahead with its foundry investments, with plans to bring its advanced Intel 18A process to volume production later this year. Second, the company is attempting to stabilize its CPU market share with new products.Continue reading
Shares of chip-giant Intel (NASDAQ: INTC) have been obliterated over the past few years. Unfortunately, years of mismanagement and complacency opened the door for TSMC to take the lead in semiconductor manufacturing and AMD to stage an epic comeback. Intel still leads the market for PC and server central processing units (CPUs), but its dominance has been severely eroded.
Intel's attempted turnaround effort, led by former CEO Pat Gelsinger, is now in flux after Gelsinger's surprise retirement in late 2024. As Intel searches for a new CEO and a new strategy, the company is fighting on two fronts.
First, Intel is charging ahead with its foundry investments, with plans to bring its advanced Intel 18A process to volume production later this year. Second, the company is attempting to stabilize its CPU market share with new products.
