Concerns over Intel's growth due to missed AI opportunities, chip quality issues, and increased competition

From Nasdaq: 2024-10-16 05:10:00

Since ChatGPT’s release, semiconductor stocks like Nvidia, AMD, and Broadcom have gained over 100%, benefiting from AI development. However, Intel shares have dropped 22%. Reasons for concern include missing opportunities in generative AI, quality issues with chip fabrication, and increasing competition from Microsoft, Amazon, Meta, and Alphabet. Intel’s growth narrative seems uncertain as new players overshadow.



Read more at Nasdaq: Should You Forget Intel Stock? 3 Reasons I’m Concerned Right Now.