Advertisement
New Zealand markets closed
  • NZX 50

    11,671.19
    -96.21 (-0.82%)
     
  • NZD/USD

    0.6138
    -0.0007 (-0.11%)
     
  • ALL ORDS

    8,010.50
    -5.30 (-0.07%)
     
  • OIL

    81.50
    -0.07 (-0.09%)
     
  • GOLD

    2,341.90
    -5.00 (-0.21%)
     

3 Reasons to Buy Intel Stock, and 1 Reason to Sell

3 Reasons to Buy Intel Stock, and 1 Reason to Sell

For many years, Intel (NASDAQ: INTC) dominated the central processing unit (CPU) market. Nvidia and Advanced Micro Devices (NASDAQ: AMD) present mounting threats to Intel's leadership, which is evident in the share price performance of these three companies over the last five years. Improving revenue performance has pushed the stock price up 65% year to date, and the company's new processors for the data center market could support further gains in 2024.