Is Intel About to Do the Unthinkable?

By Neil Rozenbaum – Sep 29, 2022 at 10:00AM

NASDAQ: INTC

Intel

Market Cap

$148B

Today's Change

(-1.79%) -$0.64

Current Price

$35.04

Price as of April 18, 2024, 4:00 p.m. ET

Are the tables about to turn yet again?

In this video, I will be talking about the recent announcement that Intel (INTC -1.79%) has made about its new CPU and GPU processors and sharing my thoughts on whether this is the crucial tipping point we were all waiting for. For years the company has been lagging behind AMD (AMD 0.69%) and Nvidia (NVDA 0.76%), but is this about to change?

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*Stock prices used were the closing prices of Sept. 28, 2022. The video was published on Sept. 29, 2022.

Neil Rozenbaum has positions in Intel. The Motley Fool has positions in and recommends Advanced Micro Devices, Intel, and Nvidia. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel and short January 2023 $57.50 puts on Intel. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.