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Intel Declines 56% YTD: Should You Rethink Investing in INTC Stock?
IntelIntel(US:INTC) ZACKS·2024-10-04 13:16

Intel Corporation (INTC) has plunged 55.8% year to date against the industry’s growth of 97.8%, lagging its peers Advanced Micro Devices, Inc. (AMD) and NVIDIA Corporation (NVDA) . Much of this underperformance is due to severe financial difficulties and operational challenges, which have forced management to undertake a comprehensive review of its businesses. Intel is mulling various options, including the potential split of its product design and manufacturing divisions and evaluating which factory projec ...