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
Intel (NASDAQ:INTC)
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