From NASDAQ.: 2024-06-11 07:04:00

Since going public in 1971, Intel’s stock has surged 116,000%. Facing challenges in recent years, Intel announced a shift to a foundry model and an expansion in AI products. The company aims to become a major AI chip manufacturer, positioning itself for growth in a market expected to value nearly $2 trillion by 2030.

Intel’s move into manufacturing and AI chips sets it apart from competitors like Nvidia and AMD. The company’s recent earnings show progress in its transition, with a focus on long-term growth. As one of the best-valued stocks in AI, Intel’s stock presents a compelling investment opportunity for growth-minded investors.

The Motley Fool Stock Advisor did not include Intel in their list of 10 best stocks to buy now. However, past success stories like Nvidia showcase the potential for significant returns over time. Intel’s foray into manufacturing and expansion in AI products position it for long-term growth, making it a stock to watch for savvy investors.



Read more at NASDAQ.: Is It Too Late to Buy Intel Stock?