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Barchart
Barchart
Aditya Sarawgi

Is Intel Stock Underperforming the Nasdaq?

Santa Clara, California-based Intel Corporation (INTC) designs, develops, manufactures, markets, and sells computing and related products and services. With a market cap of $96.9 billion, Intel is known for its chips and processors. The company has employed over 120,300 people in 46 countries across the Americas, Indo-Pacific, and EMEA.

Companies worth $10 billion or more are generally described as "large-cap stocks," Intel fits this bill perfectly. Given the company’s long-standing name in the technology sector, its valuation above this mark is not surprising. Intel put the silicon in Silicon Valley for decades. For more than 50 years, Intel has profoundly influenced the world, driving business and society forward by creating radical innovation.

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