Is Intel Stock a Buy After New Data Center CPU Chips?

By Jose Najarro, Nicholas Rossolillo, and Billy Duberstein – Apr 3, 2023 at 10:55AM

NASDAQ: INTC

Intel

Market Cap

$136B

Today's Change

(-1.08%) -$0.34

Current Price

$31.68

Price as of May 17, 2024, 12:23 p.m. ET

Can Intel's innovative data center solutions propel the stock out of its downturn?

Intel (INTC -1.08%) recently hosted an investor event focused on its data center and AI segments, showcasing its roadmap for data center CPUs and exploring how the company can benefit from the rising demand for AI-powered solutions. 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 30, 2023. The video was published on March 31, 2023.

Billy Duberstein has no position in any of the stocks mentioned. Jose Najarro has positions in Advanced Micro Devices and Nvidia. Nicholas Rossolillo has positions in Advanced Micro Devices and Nvidia. 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 long January 2025 $45 calls 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.