A Deep Dive
Falling behind rivals: Intel has lost ground to competitors like AMD, Nvidia, and Qualcomm in both established and emerging technologies. It is no longer as dominant in the x86 space, and Nvidia has taken the lead in AI chips.
Intel's failure to innovate has been reflected in its stock performance. Its current share price is roughly the same as it was nearly 27 years ago.
Intel's market capitalization has shrunk significantly, making it a potential acquisition target for rivals like Qualcomm. However, Qualcomm's interest has reportedly waned due to the complexities involved.
Intel recently let go of CEO Pat Gelsinger, an industry veteran, after issues with its latest desktop chips. Gelsinger's departure leaves the company's future uncertain.
Despite these challenges, analysts maintain a "Neutral" rating for Intel stock. Some analysts believe the company can turn things around, but only time will tell if it can regain its former dominance.
Intel's market capitalization is $90.22 billion, while Qualcomm's is $177.26 billion.
Intel's closest rival, AMD, is valued at $224.91 billion.
Nvidia has a market capitalization of $3.488 trillion, over 38 times Intel's.
This content was partially generated with the help of AI tools and reviewed and published by Benzinga editors.