INTC Stock Forecast: Time to Dump Intel? AI Shift Wrecks Turnaround Hopes.
From late 2023 to recently, Intel (NYSE:INTC) stock appeared to be on the rebound. However, sentiment has shifted after its latest quarterly results. The company’s sought-after AI growth has lost momentum, and uncertainty around its turnaround plans and its foundry ambitions have raised concerns. This is central to this INTC stock forecast.Moreover, the company also postponed a $20 billion Ohio microchip plant, originally set for 2025, to late 2026. This setback follows disappointing financial guidance, cau ...