Intel has been facing multiple challenges, evidenced by a consistent drop in the company's
stock price. While it has struggled to compete in the
market share amongst competition from AMD and Broadcom, falling to a 10-year low, the company has repeatedly brought about significant usage of
AI technology, in efforts to maintain its market relevance. It seems, however, that its status in the Dow is under threat. With
Nvidia posed as a potential rising competitor, there's speculation that Intel could be removed from the
Dow Jones due to the stark drop in its stock price. Amid this, there are suggestions that a possible plan to sell some of its stake in Mobileye is being considered by the company. Meanwhile, a recent report highlights issues with Intel's manufacturing as Silicon Wafers reportedly fail Broadcom Tests. Despite the downward trend, the company's stock gained amidst these new manufacturing issues. The company has been looking at
strategic options, including a possible
foundry split and presenting alternatives to its board, to navigate this difficult period.
Intel Stocks News Analytics from Tue, 09 Jul 2024 07:00:00 GMT to Sun, 08 Sep 2024 22:17:46 GMT -
Rating -8
- Innovation -6
- Information 7
- Rumor -3
