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It's Time to Buy Intel Stock Hand Over Fist
IntelIntel(US:INTC) The Motley Foolยท2024-04-09 10:20

Profit is set to soar by 2030 as the foundry matures and product sales improve.Shares of chip giant Intel (INTC -1.89%) were hammered last week, after the company disclosed some information about its new reporting structure. Historically, the company allocated manufacturing costs across its various product divisions. With Intel aiming to become a leading foundry by the end of the decade, the company has broken out manufacturing into its own business unit.I won't mince words: The headline numbers look bad. I ...