2024-04-25 18:45:02 ET
Summary
- The Intel stock has lost over a quarter of its value this year, making it one of the worst-performing stocks in the semiconductor index.
- Intel's valuation divergence from peers continue to reflect increasing execution risks given rising company-specific woes, spanning extended Foundry losses, limited data center AI processor share gains, and an elevated China exposure.
- Taken together, the Intel stock continues to face a wide-ranging plate of downside risks with limited room for near-term respite.
Intel Corporation ( INTC ) stock has lost more than a quarter of its value this year. It has become one of the worst performing stocks in the Philadelphia Semiconductor Index ( SOX ), while peers continue to benefit from ongoing artificial intelligence ("AI") momentum....
Read the full article on Seeking Alpha
For further details see:
Intel's Q1 2024 Results Magnify Further Woes Ahead