From Nasdaq:

Despite a 5-year history of underperformance, Intel’s stock saw a 60% gain in 2023, bringing its market cap to $199 billion. Analysts predict a successful turnaround as earnings are expected to grow over 10% annually for the next five years, beginning in 2024. Intel’s focus on AI chips has the potential to drive significant growth, with the earnings forecast showing potential for a 20% annual increase. Despite its current market cap of $199 billion, Intel could offer substantial investment returns over the next seven years but may fall short of the trillion-dollar mark by 2030. The outlook for its AI-fueled growth positions it for a potential future inclusion in the trillion-dollar club.



Read more: Will Intel Be a Trillion-Dollar Stock by 2030?