Intel Stock Downside Of $10?
Microchip and Intel logo displayed on a phone screen are seen in this multiple exposure illustration … [+]
Intel stock has declined by about 60% this year, amid several issues including the loss of market share to rival AMD in both the PC and server space, as well as the industry’s broader transition from CPUs to GPUs in the generative AI era, besides significant manufacturing missteps. Now we believe that Intel stock is undervalued post the sell-off, with our fair estimate of the stock’s coming at $27 per share almost 30% ahead of the current market price on account of the company’s low valuation,…
