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Intel (INTC) is among the largest semiconductors companies globally, but it has underperformed the broader markets by a wide margin over the past two decades. Valued at a market cap of $85.4 billion, Intel stock is down nearly 40% over the past 10 years. It also trades over 72% below all-time highs as it has lost market share to peers Nvidia (NVDA) and Advanced Micro Devices (AMD).
Given its beaten-down valuation, let’s see if you should invest in INTC stock right now.