Why Intel Stock Sank Today
(NASDAQ: INTC) stock saw a day of big sell-offs in Wednesday's daily session. The chip company's share price closed out the day down 6.3% due to concerns that competitive pressures are mounting.
Intel's valuation sank today following news about a product that Nvidia is readying that could compete with Intel in the central processing unit (CPU) space. Meanwhile, another report suggested that Advanced Micro Devices will continue gaining market share from Intel in the server CPU market.
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Source Fool.com
Intel Corp. Aktie
31,22 €
0,89 %
Die Intel Corp. Aktie ist nicht ganz im Trend: Mehr Sell- als Buy-Einschätzungen.
Eine deutliche Minderung um mehr als 20% ist für Intel Corp. mit einem Kursziel von 23 € gegenüber 31.22 € zu erwarten.
