Intel stock fell 60% in 2024 due to challenges in revenue, earnings, and stiff competition

From Nasdaq: 2025-01-15 15:27:37

In 2024, Intel’s stock plummeted by 60.1%, facing challenges in revenue and earnings. CEO Pat Gelsinger was ousted due to shareholder impatience with the company’s turnaround efforts, while business expenses remain high with a $100 billion plan for semiconductor manufacturing services. Intel is in a difficult transition period, facing stiff competition from rivals like Nvidia and AMD.

Despite financial struggles, Intel is strategically positioning itself in the American chip market amidst rising demand and political tensions with Beijing. The company’s stock trades at a bargain valuation compared to competitors like AMD and Nvidia, making it an enticing investment opportunity. Intel’s focus on chipmaking services and custom designs for tech giants like Amazon is a key growth driver for the future.

While Intel faces challenges, the company is making significant strides towards becoming a dominant player in the semiconductor industry. With a focus on American chip production and favorable market conditions, Intel is poised for growth in the coming years. The stock’s current valuation presents a compelling buying opportunity, especially considering its long-term growth potential in the industry.

Investors should consider the growth potential of Intel amidst its current challenges. The Motley Fool’s Stock Advisor team has identified 10 top stocks for investment, excluding Intel. The service provides guidance on building a successful portfolio, with historical returns surpassing the S&P 500. Despite current setbacks, Intel’s long-term prospects and strategic positioning in the chip market make it a promising investment opportunity.



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