Intel made an intelligent move by developing its own graphics solutions as the need for computational power increases due to emerging technology and artificial intelligence. Unfortunately, it might not be going as planned.
Intel (INTC 1.77%) recently reduced its dividend and continues its plans to improve efficiency by reducing the number of products it will release in the coming years. Check out the short video to learn what semiconductor investors Jose Najarro, Nicholas Rossolillo, and Billy Duberstein had to say. Also, consider subscribing, and click the special offer link below.
*Stock prices used were the market prices of March 9, 2023. The video was published on March 10, 2023.
Billy Duberstein has no position in any of the stocks mentioned. Jose Najarro has no position in any of the stocks mentioned. Nicholas Rossolillo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intel. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short January 2025 $45 puts on Intel. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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