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Are Intel's Fortunes About to Turn Around?

TheMotleyFool

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Are Intel's Fortunes About to Turn Around?Photo, wide shot, wide-angle lens, Networking equipment supplier, sunset photo at golden hour, photo by Marc Adamus: https://img.midjourneyapi.xyz/temp/66e3509e-f4c6-4a7b-8e88-53fcc02cf17f.png

Intel (NASDAQ: INTC) has let investors down over the past year as intense competition from the likes of Advanced Micro Devices (NASDAQ: AMD) has hamstrung the chip giant. Chipzilla's shares have severely underperformed the broader PHLX Semiconductor Sector Index, which has gained impressively amid a global boom in chip demand.

Investors will be hoping for a turnaround in Intel's fortunes when it reports its second-quarter results on Thursday, July 22. After all, the company has shown in recent months that it is capable of putting up a fight against rivals that have been chipping away at its huge market share in PCs and data centers. But can Intel deliver? Let's find out.