Good Choice For July-Intel Stocks
Good Choice For July-Intel Stocks
This stock can bring some heat to your portfolio.
The economy started to take off as summer came and schools closed, consumers began to travel, and things began to return to normal in some parts of the world.
If it is necessary to choose a stock that can contribute the most before going on summer vacation,
Intel
INTC (NASDAQ) $55,44 -0,38 (-%0,67), it was emphasized.
It's worth considering this chipmaker.
Tim Green (Intel): The last few years have been pretty tough for chipmaker Intel, with chronic manufacturing issues and the rising fortunes of rival Advanced Micro Devices. Intel fought big battles to bring its 10nm manufacturing process to mass production, and just this year it was able to launch 14nm gaming CPUs.
These challenges opened the door for AMD to steal market share, thanks to the manufacturing prowess of third-party foundry Taiwan Semiconductor Manufacturing.
Just as Intel did not give up production plans to pour $20 billion into new factories, nurturing both its own product goals and a new foundry business. Making chips for other companies has become a lucrative business that has propelled TSMC into the ranks of the world's largest chipmakers.
Intel wants to get a slice of the pie.
Since Intel's plans will not be realized in the short term, there is no guarantee that the strategy will come true.
However, during this time, investors have the opportunity to buy Intel shares at an attractive price during this period and to catch a great revival in the market in the future.
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