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2 Artificial Intelligence (AI) Stocks to Buy and Hold for Great Long-Term Potential
The Motley Fool· 2024-06-11 12:05
These companies are developing the hardware that makes AI possible and are worth investing in this June.All eyes have been on the artificial intelligence (AI) market over the last year. The launch of OpenAI's ChatGPT at the end of 2022 reinvigorated interest in the technology and forced many to rethink what they thought was currently possible with AI. Advances in the generative software could boost countless industries, from self-driving cars to e-commerce, consumer products, cloud computing, and more.A boo ...
Is It Too Late to Buy Intel Stock?
The Motley Fool· 2024-06-11 11:04
This company's venture into AI makes it a screaming buy for long-term investors.Shares in Intel (INTC 0.55%) have climbed 116,000% since it went public in October 1971. The company was once the world's most prominent chipmaker, with leading market shares in key parts of the industry, like manufacturing and central processing units (CPUs). However, Intel has hit more than a few roadblocks over the last decade.Its stock has gained just 9% since 2014 as it faced market-share losses, tumbling revenue, and the e ...
Intel's Graphics Card Business Is Struggling, But That Could Change Soon
The Motley Fool· 2024-06-11 10:45
Intel's first generation of graphics cards was plagued by software issues. Round two could be different.Intel (INTC 0.55%) entered the discrete graphics card market in late 2022 with a lineup of low-end and mid-range Arc graphics cards. While the hardware was capable, software issues plagued the launch and persisted for months. The company took shortcuts with its software drivers, which act as the bridge between the hardware and the operating system, leading to bugs and poor performance in some games.Intel ...
Intel Stock vs. Nvidia: The Underdog Story Investors Can't Afford to Miss
Investor Place· 2024-06-11 10:10
Intel (NASDAQ:INTC) stock is a street urchin compared to Nvidia (NASDAQ:NVDA). Intel carries a market cap of about $130 billion. Nvidia is worth $2.97 trillion, over 22 times more.Huang’s Law, named for CEO Jensen Huang, holds that graphics processing units can improve compute speeds 2.5 times faster than Moore’s Law. It’s Huang’s Law that could make artificial general intelligence a reality by the end of the decade. But there’s a price to be paid.NVDA Looks HotNvidia’s super-chips, like the GH200 or Grace ...
Forget Nvidia: Billionaires Are Selling It and Buying This Top Artificial Intelligence (AI) Rival Hand Over Fist Instead
The Motley Fool· 2024-06-11 09:06
More than a half-dozen prominent billionaire investors dumped shares of Nvidia during the March-ended quarter, with many of these top-tier asset managers choosing to buy shares of a key competitor.Over the last 30 years, Wall Street and investors have seen no shortage of next-big-thing investment trends come and go. But no promised high-growth trend has come anywhere close to matching what the advent of the internet did for corporate America -- that is, until now.According to the analysts at PwC, artificial ...
Intel suspends expansion of factory plan in Israel
TechXplore· 2024-06-11 08:15
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: CC0 Public Domain Intel is halting the expansion of a major factory project in Israel, which was going to pump an extra $15 billion towards a chip plant. The chip giant in December said it was going to expand an ongoing $10 billion plan at the Kiryat Gat site, in the south of the country, currently under construction.S ...
Intel Can Win Again
Seeking Alpha· 2024-06-11 06:35
tupungato My last article about Intel (NASDAQ:INTC) was back in October 2022, and at that time it was trading for about $25 per share. I was bullish on Intel when I wrote that article and in about 13 months, the stock had just about doubled in value, trading for around $50 in December 2023. However, things have changed, and the stock is back down to around $30 per share. Once again, I believe it is a good time to be buying Intel shares, and that is what I have been doing recently. I know many investors are ...
Intel (INTC) Exceeds Market Returns: Some Facts to Consider
ZACKS· 2024-06-10 22:50
Intel (INTC) ended the recent trading session at $30.91, demonstrating a +0.55% swing from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily gain of 0.26%. Elsewhere, the Dow saw an upswing of 0.18%, while the tech-heavy Nasdaq appreciated by 0.35%.Shares of the world's largest chipmaker witnessed a gain of 2.98% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 6.38% and the S&P 500's gain of 3.25%.The investme ...
Best Artificial Intelligence (AI) Stock: Intel Stock vs. Snowflake Stock
The Motley Fool· 2024-06-10 13:30
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Snowflake. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
3 Catalysts That Could Propel Intel Stock to New Heights
Investor Place· 2024-06-10 10:15
For investors looking to get more diversified exposure to the chips sector, Intel (NASDAQ:INTC) is one company that’s often considered. This chipmaker surged during the dot-com bubble but has struggled to reach new highs. Not even the pandemic-driven tech surge could take INTC stock to new highs.Chip demand has surged, but competition has increased in the higher-end market. Of course, Nvidia (NASDAQ:NVDA) is the talk of the sector, having recently overtaken Apple (NASDAQ:AAPL) for second spot in the market ...