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Where Will Intel Stock Be In 1 Year?

Leo Sun, The Motley Fool
·5-min read
Where Will Intel Stock Be In 1 Year?

Intel's (NASDAQ: INTC) stock dropped 6% on Jan. 27 in response to its dismal fourth-quarter earnings report. For the full year, Intel's adjusted revenue and earnings fell 16% and 65%, respectively, as it grappled with the post-pandemic slowdown of the PC market, stiff competition from AMD (NASDAQ: AMD), and macro headwinds across the data center market. Intel clearly faces tough near-term headwinds, but its stock has already slumped to its lowest levels in nearly six years.

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