Where Will Intel Be in 7 Years?
If Intel delivers on its 2030 guidance, the stock is quite cheap. But it's a big "if."Intel (INTC -5.42%) has been the rare semiconductor stock that has faltered this year. In fact, as of Friday, Intel was down 34% for 2024, even as the one of the largest semiconductor sector exchange-traded funds (ETFs) was up 42%. And the trend over the past five years has been even worse, with Intel's underperformance compounding to ghastly levels: However, the company has recently issued positive updates on CEO Pat Gels ...