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Benzinga
Benzinga
Business
Rounak Jain

Intel Stock Is Where It Was 27 Years Ago: How The World's Leading Chipmaker Lost The Plot, Thrice

Intel Corp. (NASDAQ:INTC) stock has had a rough ride in 2024 so far, falling by over 56% year-to-date.

The reason? The world's leading chipmaker has fallen behind the curve, ceding ground to rivals like Advanced Micro Devices Inc. (NASDAQ:AMD), Nvidia Corp. (NASDAQ:NVDA) and failing to even catch up to Qualcomm Inc. (NASDAQ:QCOM) on the smartphone side of things.

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