Is Intel A Buy After Dropping 12% This Week?
@koolgal:
🌟🌟🌟$Intel(INTC)$ shares dropped 12% on Friday after it issued an outlook for the 1Q24 that lagged analysts forecasts even as results for the latest quarter beat Wall Street estimates. Intel's dismal drop in share price also affected other Semiconductor stocks. $NVIDIA Corp(NVDA)$ is down almost 1% while $Advanced Micro Devices(AMD)$ also shed 1.7% but $Taiwan Semiconductor Manufacturing(TSM)$ rose 0.6% on Friday. $Semiconductor