Is Intel stock done going down?
Published On Dec 31, 2024, 12:22 PM
Intel's stock has dropped 60% this year, and it continues to face uncertainty as it enters 2025. The company is struggling to keep pace with rivals like Nvidia, which has dominated AI chip markets. Intel's former CEO was ousted amid criticisms of the company’s strategy, particularly regarding its performance in AI and other emerging sectors. Analysts express concern over Intel's ability to recover in the near term, with many indicating the need for strong leadership and a clear turnaround strategy to regain investor confidence.
Stock Forecasts
INTC
Negative
Intel's ongoing struggles in the semiconductor market, particularly in AI, and the departure of their CEO exacerbate investor concerns about trajectory. Earnings and future projections remain negative based on current and projected financials.
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