Cautious CEO Comments Weigh on Intel (INTC) Stock
From Yahoo Finance: 2025-04-01 12:29:00
Intel (INTC) stock is down 2.5% due to cautious comments by new CEO Lip-Bu Tan, who acknowledged challenges ahead after falling behind on innovation. Intel plans to recruit engineers and compete with Nvidia in AI servers.
Commerce Secretary Howard Lutnick hints at tougher stance on chipmakers, withholding funds until more investment in the U.S. Intel has been a top recipient. Consider other AI stocks for higher returns in a shorter timeframe.
Read more: Cautious CEO Comments Weigh on Intel (INTC) Stock