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Riding the AI Wave: How Intel Stock Is Poised for Massive Growth in 2024
IntelIntel(US:INTC) InvestorPlaceยท2024-01-22 13:00

Intel (NASDAQ:INTC) is benefiting from strong demand for its chips that are used to produce AI. Moreover, the company is positioning itself to get a lift from AI PC proliferation with its improved server chips. Long term, Intel stock should get a boost to its top and bottom lines from chip making for other companies. Additionally, a recent positive quarterly report from another major company in the chip space bodes very well for Intel. These points, combined with the attractive valuation of Intel stock, I r ...