Intel's Difficult Turnaround

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Intel stock

The Motley Fool

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Intel is going through a painful turnaround, but the company can still make great products. Here's why

Summary

Nutrition label

69% Informative

Semiconductor giant Intel (NASDAQ: INTC) is going through a painful turnaround.

The company is investing heavily in manufacturing and attempting to grow a foundry business.

At the same time, Intel is playing catch-up in its product divisions as rival AMD puts out great products.

Intel stock crashed following that cost-cutting news, briefly dropping below $ 20 per share.

Consider when Nvidia made this list on April 15, 2005 ... if you invested $ 1,000 at the time of our recommendation, you’d have $ 744,197 ! The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002

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