Prediction: This 1 Move Could be a Game-Changer for Intel
Intel (NASDAQ: INTC) shares have wallowed in the doldrums over the past few years as those of rival Nvidia have soared in the triple digits. Why such a difference in performance? While Nvidia claimed the top spot in the artificial intelligence (AI) chip market, Intel fell behind. The AI market is forecast to surpass $1 trillion by the end of the decade, so companies winning in the space clearly are attracting investors.
But the game isn't over for Intel. This chip giant actually has two major catalysts now -- and these catalysts could be ongoing, pushing the shares higher over time. And that's due to one important move. Let's take a closer look.
Image source: Getty Images.
Source Fool.com
Intel Corp. Stock
€28.72
0.050%
Our community is currently high on Intel Corp. with 25 Buy predictions and 11 Sell predictions.
With a target price of 42 € there is a positive potential of 46.24% for Intel Corp. compared to the current price of 28.72 €.
