Intel Stock: Initial Response to Financial Data is Overblown
01 Mai 2022 - 03:36PM
TipRanks
America's chipmakers are under a great deal of pressure in the
2020s as supply-chain bottlenecks have created an acute
tech-component shortage. It's risen to crisis-level trouble because
the demand is still there, yet companies like Intel just can't
provide the supply. Headquartered in Santa Clara, California, Intel
Corporation (INTC) is among the largest microprocessor designers
and manufacturers in the world. I am bullish on the stock. Intel's
first-quarter 2022 financial results were closely watched as they
represented a bellwether for the microprocessor industry in
general. If Intel fails, it's a bad omen for the rest as the
company is a major competitor in the global chipmaker market.
https://www.tipranks.com/news/article/intel-stock-initial-response-to-financial-data-is-overblown?utm_source=advfn.com&utm_medium=referral
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