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INTC Stock Outlook: Why Overlooked Chipmaker Intel Is Poised for Growth
IntelIntel(US:INTC) InvestorPlace·2024-02-16 13:26

February 14 was indeed a great day for Intel (NASDAQ:INTC) as INTC stock surged 2.5%. The company also laid out some plans to open a chip facility in Ireland with $2 billion in funding for the project. This is central to my INTC stock outlook.The company’s IDM 2.0 transformation progress is evident in the company’s impressive Q4 revenue number, with Intel’s top-line coming in at $15.4 billion revenue. This surge represented 9% sequential and 10% year-over-year growth. Thus, the company’s shift towards integ ...