Intel stock
Intel stock Articles
Intel (NASDAQ:INTC) is often seen as a laggard in the AI chip race, facing mounting issues. These issues vary from falling sales, a lack of profitability, and a recently-announced 15,000-job cut. The...
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Intel has hired a premier investment banker to prevent a takeover by activist investors who want a replacement of management.
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Intel plans to fire thousands of people to improve margins. This after missing out on the biggest opportunities of the past decade.
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With a decline of 40% so far this year, Intel is the worst performing stock in the Dow Jones industrial average.
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