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Barchart
Barchart
Kritika Sarmah

Intel Stock: Is Wall Street Bullish or Bearish?

Intel Corporation INTC

Intel Corporation (INTC), headquartered in Santa Clara, California, is a dominant force in the global semiconductor market, with a market cap of $128.3 billion. The company focuses on designing and producing a broad spectrum of computing and associated products, such as microprocessors, chipsets, and advanced driver assistance systems (ADAS) for autonomous vehicles.

Intel stock has considerably underperformed the broader market over the past 52 weeks. INTC has plunged 16.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.5%. In 2024, shares of Intel are down 38.8%, compared to SPX's 15.8% gains on a YTD basis.

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