Where Will Intel Stock Be in 5 Years?
Yahoo Finance ·
After years of decline, Intel ( INTC 5.25% ) appears to be on track for a dramatic comeback. Under the leadership of Lip-Bu Tan, investors are becoming increasingly confident that Intel can remain a player in the semiconductor industry. Nonetheless, Intel stock has risen by about 425% over the past year, taking its stock price and valuation to elevated levels. Thus, the question for investors is whether that stock price growth will undermine the chip stock 's performance over the next five years. Without question, Intel had been on the decline since the early part of the last decade. Innovation began to slow after the retirement and passing of its founders. That created openings for its longtime rival Advanced Micro Devices to overtake it technically and for Taiwan Semiconductor Manufacturing (TSMC) to surpass it as a manufacturer. Moreover, even when the previous CEO Pat Gelsinger attempted to make it a market leader in central processing units (CPUs) and third-party manufacturing, Nvidia 's development of AI accelerators appeared to push it further behind.
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