Market Warning: Intel Remains The Worst Of The AI Chip Stocks
Intel (NASDAQ:INTC) stock continues to decline, making it the worst performer in the S&P 500 index this year. Since January, INTC stock has fallen nearly 40%, placing it at the bottom of 503 companies listed in the benchmark S&P index. Today, the share price of Intel is 35% lower than where it was in 2019. Very few people who bought the stock before the Covid-19 pandemic and held on have made any money. That chip stocks are booming right now amid a surge in artificial intelligence demand makes Intel’s under ...