Intel Stock Just Got Slammed. Should You Buy the Dip or Cut Your Losses?

Intel (INTC -2.10%) stock had a banner year in 2023, but it wasn't because of the company's performance. Investors ignored both a dividend cut and its weak results during a cyclical slowdown in PC sales, and instead bet that the legacy chip stock would be among the winners in the new generative artificial intelligence (AI) revolution.Intel's first earnings report in 2024 seems to be casting doubt on that thesis after the stock fell 12% on Friday. The diversified chip designer and manufacturer actually beat ...