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Why Intel Stock Took a Hit After Intel Innovation 2023 -- Is It an Overreaction?

Intel's bullish trend was halted after the CFO shared some short-term headwinds affecting margins and its data center segment.

By Jose Najarro – Sep 20, 2023 at 4:56PM EST

In today's video, I discuss Intel (INTC +4.36%) and why the stock price is down after the company announced numerous technological advancements. Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Sept. 20, 2023. The video was published on Sept. 20, 2023.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
TMFJoseNajarro
X@_JoseNajarro

Jose Najarro has positions in Advanced Micro Devices, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Advanced Micro Devices, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Intel and 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.

Stocks Mentioned

Intel Stock Quote
Intel
NASDAQ: INTC
$112.86
(+4.36%)+$4.71
Nvidia Stock Quote
Nvidia
NASDAQ: NVDA
$208.15
(+5.93%)+$11.65
Advanced Micro Devices Stock Quote
Advanced Micro Devices
NASDAQ: AMD
$420.53
(+18.37%)+$65.27
Taiwan Semiconductor Manufacturing Stock Quote
Taiwan Semiconductor Manufacturing
NYSE: TSM
$419.27
(+6.30%)+$24.86

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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