Will Intel's AI And Foundry Bets Reverse The Stock's 38% Slump This Year?

A man rides a scooter past Intel Corporation's wafer manufacturing plant in Dalian, in China's ... [+] northeastern Liaoning province on June 26, 2024. (Photo by Pedro Pardo / AFP) (Photo by PEDRO PARDO/AFP via Getty Images)AFP via Getty ImagesIntel stock (NASDAQ: INTC) has had a rough year, declining by about 38% since early January. In contrast, rival AMD stock has gained about 17% over the same period. While Intel’s financial performance is expected to improve this year as the PC market recovers from the ...