Is this the year that Intel Corp. (NASDAQ:INTC) finally turns things around? After a sizable rally in the first third of the year, INTC stock finished 2021 in a tepid fashion. 2022 has been much worse thus far.
The world’s largest semiconductor chip manufacturer has been struggling to right its own ship for more than five years now, and has been eclipsed by competitors such as Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD).
However, after years of stagnant growth, declining market share, and share price underperformance, Intel appears to now have a plan in place that might finally help the Santa Clara, California-based company turn its fortunes around.
Learn more about Intel stock here.
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