Intel: Poised For A Recovery (Upgrade)


  • Intel’s stock price has dropped 30% despite strong business performance, presenting a buying opportunity.
  • The launch of Intel’s new AI chip, Gaudi 3, could be a catalyst for a stock trend reversal.
  • INTC’s data center positioning and potential sales growth of Gaudi 3 could lead to a re-rating of the stock.

Entrance of The Intel Museum in Silicon Valley.

JHVEPhoto/iStock Editorial via Getty Images

The stock price of Intel Corporation (NASDAQ:INTC) plummeted a cool 30% since I took a small position in the chip company back in January of this year. The main reason why I initiated a

Analyst’s Disclosure: I/we have a beneficial long position in the shares of INTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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