Where Will Intel Stock Be In 1 Year?
Shares of chip-giant (NASDAQ: INTC) have been obliterated over the past few years. Unfortunately, years of mismanagement and complacency opened the door for TSMC to take the lead in semiconductor manufacturing and AMD to stage an epic comeback. Intel still leads the market for PC and server central processing units (CPUs), but its dominance has been severely eroded.
Intel's attempted turnaround effort, led by former CEO Pat Gelsinger, is now in flux after Gelsinger's surprise retirement in late 2024. As Intel searches for a new CEO and a new strategy, the company is fighting on two fronts.
First, Intel is charging ahead with its foundry investments, with plans to bring its advanced Intel 18A process to volume production later this year. Second, the company is attempting to stabilize its CPU market share with new products.
Source Fool.com
Intel Corp. Stock
Currently there is a rather positive sentiment for Intel Corp. with 46 Buy predictions and 25 Sell predictions.
However, we have a potential of -12.45% for Intel Corp. as the target price of 74 € is below the current price of 84.52 €.
