Intel Stock Analysis: Hold Off on INTC Until the Green Flags Fly Again

If you had told Wall Street tech stalwarts back in 2020 that Intel (NYSE:INTC) stock would plummet as rapidly as it has over the last 12 months, it’s likely many of them would have laughed you off. Fast forward four years, and Intel is in the same position it was over two decades ago.Furthermore, the company recently announced sweeping layoffs as a form of cost-cutting in the face of its significant chipmaking losses. These factors are particularly discouraging considering the headstart Intel had as the pri ...