Why I'm bullish on Intel (INTC)
Posted: Dec 09, 2024
- Intel has been underperforming in recent years due to various factors
- Despite past struggles, now might be a good time to invest in Intel
- Factors suggesting potential turnaround for Intel include improvements in their foundries and promising new technology
- US government support is a positive factor for Intel’s future
- Intel’s new Battlemage GPUs are cost efficient and gaining positive sentiment
- Leaner operations and recent good performance of mobile chips are positive signs for Intel
- Potential for significant growth in market share and technology advancement
- Potential for Intel to benefit from geopolitical issues such as a China-Taiwan conflict
- Overall, Intel's stock (INTC) could be a solid long-term investment opportunity
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