2024-04-15 04:10:00 ET
A new bull market is now well underway, fueled by accelerated computing infrastructure, artificial intelligence (AI) systems built atop that infrastructure, and elevated interest among governments around the world in "re-shoring" chip manufacturing onto their soil. Intel (NASDAQ: INTC) appears well-positioned to be a top beneficiary from these growth trends.
Despite this apparent enthusiasm, the stock has far underperformed both the broad market and other leading chip stocks.
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Intel Just Revealed Why It Can't Split From Its Manufacturing Model and Why the Stock Is a Hold at Best