3 Reasons to Buy Intel Stock in 2024

It's been a rough few years for chip giant Intel (INTC 1.95%). The post-pandemic PC market has been a disaster, and the company has lost market share to rival Advanced Micro Devices in PC and server CPUs. As revenue and profits were collapsing, Intel forged ahead with its expensive plan to build out its own foundry business. Until recently, the market was not optimistic.Investors appear to be warming up to Intel's comeback story. Intel stock has soared about 80% this year, albeit from a depressed level. Loo ...