2 Risks Intel Investors Shouldn't Ignore
Intel (NASDAQ: INTC) investors haven't been a happy lot over the past year as the stock is sitting about where it was last July. The microprocessor giant is dealing with a declining PC market even as it has made big bets on fast-growing areas such as data centers, the Internet of Things, self-driving cars, and high-end PCs. Though these moves have increased the company's revenue of late, they have failed to translate into stock price gains.
And Intel faces competition from the likes of AMD (NASDAQ: AMD) and NVIDIA (NASDAQ: NVDA) in the areas where it's betting big for future growth. Let's take a closer look at three big hurdles the chip giant might face.
Image source: Intel. r
Source: Fool.com
Intel Corp. Stock
€85.00
-2.810%
Our community is currently high on Intel Corp. with 46 Buy predictions and 24 Sell predictions.
On the other hand, the target price of 70 € is below the current price of 85.0 € for Intel Corp., so the potential is actually -17.65%.
