Intel Tries to Salvage Messy Arrow Lake Launch
The PC market has struggled to bounce back following a post-pandemic plunge in demand. Global PC shipments dipped slightly in the third quarter on a year-over-year basis, and forecasts put shipment growth for 2025 in the single-digit percentage range. The introduction of artificial intelligence (AI) PCs, which have enough dedicated AI processing power to run some AI workloads directly, has so far failed to capture consumers' attention.
A tough PC market means that (NASDAQ: INTC) can't rely on rising demand to drive sales growth in its PC segment. Instead, the company must put out products that beat out alternatives from AMD and Qualcomm.
In the laptop market, Intel delivered impressive battery life and performance with its Lunar Lake chips. In the desktop market, the company fumbled with Arrow Lake.
Source Fool.com
Intel Corp. Stock
Our community is currently low on Intel Corp. with 14 Buy predictions and 19 Sell predictions.
A potential of -27.54%, resulting from comparing the current price of 31.74 € with the target price of 23 € for Intel Corp., shows the chance of incurring significant losses.
