Part 1/10:
Intel's Troubling Year: A Dive into INTC's Performance
Intel Corporation, traded under the ticker INTC, has faced a tumultuous year, recording one of the most significant declines on the S&P 500. Over the past year, the stock has plummeted by around 46.5%, with a staggering 52% drop year to date. The company’s struggles come at a time when the technology sector, particularly semiconductor manufacturers, has experienced explosive growth. Competitors like Taiwan Semiconductor Manufacturing Company (TSMC), Nvidia, and Broadcom have seen substantial gains, with their stock prices increasing by 100%, more than 200%, and 80% respectively.