Intel Stock: Analyzing Growth and Valuation

Intel (INTC) shares have returned just -0.1% year-to-date, and Intel stock has largely underperformed in the broader market. On a positive note, peer companies like NVIDIA (NVDA) and Advanced Micro Devices (AMD) have returned 15.7% and 85.0% this year. Further, the Market Vector Semiconductor ETF (SMH) is up 27.7% year-to-date.

The leading semiconductor company has been hit by the ongoing US-China trade war, a semiconductor downcycle, and a slow macro environment. Yet, analysts are now betting on semiconductor stocks as they believe the downturn is coming to an end.

Overall, the inventory levels and capital expenditure have reduced for most companies. So, is it the right time for investors to buy Intel stock? First, let’s have a look at Intel’s key trends and revenue drivers as well as other metrics.

Read the article at: MarketRealist

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