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Intel Stock Analysis: The Bull and Bear Case for INTC
IntelIntel(US:INTC) Investor Place·2024-06-24 10:10

Intel (NASDAQ:INTC) stock is considered an also-ran, with Nvidia (NASDAQ:NVDA) and AMD’s (NASDAQ:AMD) chips drawing the eye. But now, there’s an $11 billion equity infusion offered by Apollo that could transform its chip manufacturing process. Plus the $8.5 billion in upgrade funding from the Biden administration.Under the leadership of reinstated CEO Pat Gelsinger, Intel has launched an ambitious plan for resurgence. Downsides include disappointing Q1 results and lower-than-expected Q2 guidance. Geopolitic ...