Down 39% YTD, Is It Too Early to Buy the Dip in Intel Stock?

Intel Corp (INTC), valued at $129 billion by market cap, is one of the world’s leading chipmakers and designers. They focus on producing microprocessors for computers and data centers. Intel's portfolio includes chipsets, microprocessors, graphics, network and communication, embedded processors and controllers, laptops, gaming devices, and more. Incorporated back in 1968, the company is headquartered in Santa Clara, with operations across the Americas, Europe, the Asia-Pacific region, and Israel. 

INTC stock has plunged 39.5% this year so far, making it the worst-performing stock YTD on both the Dow Jones Industrial Average ($DOWI) and the S&P 500 Index ($SPX), as of this writing.