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Is the company back on track?
In this video, I will talk about the reason Intel (INTC -9.20%) soared on Wednesday. Micron Technology reported weak second-quarter results, but management might have indicated that the worst is behind the industry. As for Intel, there was more good news.
*Stock prices used were from the trading day of March 29, 2023. The video was published on March 30, 2023.
Neil Rozenbaum has positions in Intel. The Motley Fool has positions in and recommends Intel. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel and long January 2025 $45 calls 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.
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