$Intel(INTC)$ Intel's stock ha-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Intel(INTC)$ Intel's stock has faced significant pressure in 2024, with a steep drop of around 60%, prompting concerns that it might be delisted from the Dow Jones Industrial Average (DJIA). If this happens, it would be a major blow, stripping Intel of passive investment inflows from funds tracking the DJIA. The company is dealing with major restructuring efforts, including exploring strategic divestitures like its Altera division and cutting workforce and capital expenditure to stabilize financially.

This situation has led to mixed market sentiment. Some see Intel's efforts to reshape itself as necessary, but poorly timed, given the company's continued financial struggles. Others fear that removal from the Dow could accelerate its decline further, especially as Intel competes with more innovative rivals like AMD and NVIDIA, which have gained significant market share.

Even as I write this, the price is dropping in pre-market trading. So it is difficult to state a price low enough.........

Another Surprise from Intel: Buy the Dip Under $20?

Intel is manufacturing custom AI chips for Amazon, with both parties having reached a multi-year cooperation framework on products and wafers. Intel also announced that it is eligible to receive up to $3 billion in U.S. government funding to produce chips for the military. ---------------- What's your target price for Intel?

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