Intel's Stock Won't Rally Until These 3 Things Happen
Intel (NASDAQ: INTC), the world's largest manufacturer of x86 CPUs for PCs and data centers, was once considered an ironclad investment.
But over the past three years, Intel's stock slipped about 5% as the Philadelphia Semiconductor Index advanced nearly 80%. Let's identify the three key problems that weighed down Intel's stock, and see if the 52-year-old chipmaker can resolve these issues in a timely manner.
Back in the 1965, Intel co-founder Gordon Moore predicted the number of transistors in the same area of silicon would double every two years. That prediction, known as "Moore's Law", supported Intel's two-year "tick-tock" business model for about half a century.
Source Fool.com
