2024-05-17 09:25:33 ET
Summary
- Intel's stock has experienced a significant selloff this year, and there is still potential for it to fall further, which makes buying the dip risky.
- The company is struggling to compete with Nvidia and AMD in the semiconductor market, losing market positions and experiencing stagnating revenue.
- Intel's future prospects are cloudy due to disruptions in the chips industry and the potential for the x86 CPU segment to be disrupted by more energy-efficient alternatives.
- My target price is $7.12.
Introduction
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Intel: Future Is Cloudy