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Intel's Stock Just Did Something It Hasn't Done Since 2022


Published on 2024-12-05 13:01:18 - MSN
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  • As I pointed out above, Intel's P/S ratio bottomed somewhere around August and September 2022 and then subsequently went on a run for the ages. Yo

Intel's stock experienced a significant milestone by closing above its 200-day moving average for the first time since January 2022, signaling a potential shift in investor sentiment towards the company. This movement comes amidst a broader recovery in the semiconductor industry, driven by optimism about artificial intelligence and a stabilizing PC market. Intel has been focusing on regaining its technological edge, with plans to introduce new process nodes and expand its foundry services. The company's efforts to diversify its manufacturing capabilities and its strategic roadmap to 2025, which includes new product launches and technological advancements, have contributed to this positive stock performance. However, Intel still faces challenges, including competition from rivals like AMD and geopolitical tensions affecting its supply chain.

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[ https://www.msn.com/en-us/technology/tech-companies/intel-s-stock-just-did-something-it-hasn-t-done-since-2022/ar-AA1vkFnA ]